Lawmakers could be cracking down on what critics have called a loophole that allows solar companies to abuse state tax credits.

The companies and their customers have been criticized for taking multiple tax credits on a single rooftop photovoltaic array by installing multiple systems. 

A hearing on House Bill 2417, sponsored by Rep. Pono Chong that would allow only one tax credit to be taken in schedule for Thursday at 8:30 a.m. in House conference room 325. 

Here’s text from the bill:

(2)  For all other solar energy systems, the cap amounts shall be:

(A)  $5,000 per [system for] single-family residential property; provided that if all or a portion of the system is used to fulfill the substitute renewable energy technology requirement pursuant to section 196-6.5(a)(3), the credit shall be reduced by thirty-five per cent of the actual system cost or $2,250, whichever is less;

(B)  $350 per unit [per system] for multi-family residential property; and

(C)  $500,000 per [system for] commercial property.  


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