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ABxl 15: Effective June 28,2011

This bill expressly provides, via uncodified legislative findings and declarations, that a purchaser of a newly constructed active solar energy system that was sold in a sale-leaseback, partnership flip structure, or other transaction, is eligible to receive the property tax new construction exclusion for the system.

Section 1(d) of the bill provides that the amendments made to 73 do not…