| In an effort to support alternative energy sources, | | | | had previously expired until taken up by the |
| the State of Florida has reinstated the renewable | | | | legislature again until this year. The bill revises section |
| energy property tax break called for the in the | | | | 196.175 of the Florida Statutes to exempt "property |
| Florida Constitution. This is a major incentive for | | | | upon which a renewable energy sources device is |
| homeowners and businesses to install solar power | | | | installed and operated … in the amount of the |
| systems. [ applauds this effort to support green | | | | original cost of the device, including the installation. |
| efforts to recycle, reuse and alternative energy | | | | This law will provide a significant tax savings for |
| sources. | | | | homes and businesses that install solar and other |
| The way it works: the State of Florida Constitution | | | | renewable energy equipment by discounting the price |
| includes provisions (Article VII, Section 3(d)) for | | | | of the equipment from the taxable value of the |
| exempting installations for renewable energy | | | | home for a period of ten years. |
| equipment from property tax assessments. This law | | | | |