REIA Supported Bill Tracker 2/8/21
SB0301 (nmlegis.gov) Energy Storage Tax Credit bill provides a 40% tax credit up to $5,000 with $1 million in annual funding for two years. This bill is being pushed by REIA and is sponsored by Sen. Sedillo-Lopez. Rep. Sarinana has agreed to sponsor a house version that has not yet been filed.
SB0084 (nmlegis.gov) SB84/HB106: Community Solar Act bill is the latest attempt to pass Community Solar legislation. This time there is input from a working group created by Senate Memorial 63-2020. This bill allows for Community Solar systems up to 5 MW (REIA Position Statement is 2 MW), max of 40% to single subscriber (REIA position statement is 30%), annual cap of 100 MW for first 3 years with the PRC determining the cap after that and a target of 30% of subscribers from low and moderate income communities. Other key parts are the utility must acquire all generation and RECS can be sold or transferred to the utility. The sponsors are Sen. Stefanics, Sen. Sedillo-Lopez and Rep. Roybal Caballero. SB84 has passed out of Senate Conservation and is now in the Senate Tax, Business & Transportation Committee.
SB0132 (nmlegis.gov) Photovoltaic Systems in All New Homes: This bill as indicated will require PV on new home construction using a formula of 1K per 1 Square foot (eg. 2 kW system for 2,000 square foot home). It also would require a receptacle for an Electric Vehicle (EV) charger. The sponsor is Sen. Soules. This bill is going to be heard in the Senate Conservation Committee hearing on 2/9.
SB0113 (nmlegis.gov) Wiring for Photovoltaic Systems: As indicated, this bill would require wiring for PV, although it is thought that the bill might be better designed if it specified pipe instead of wire, as wire can vary based on system size. The sponsor is Sen. Soules. This bill is going to be heard in the Senate Conservation Committee hearing on 2/9.
SB0063 (nmlegis.gov) Photovoltaic Systems in New Public Schools would require PV solar on all new public schools that receive grants through the Public School Capital Outlay fund. The bill is sponsored by Sen. Soules. This bill passed out of the Senate Education Committee on 2/3, but has not been assigned a new committee.
SB0029 (nmlegis.gov) Cost of Photovoltaic Systems: Amendment to enable the Public School Capital Outlay fund to match the cost of installing a PV system on a public school when renovation work is being done. The bill is sponsored by Sen. Soules. This bill passed out of the Senate Education Committee on 2/1 and is now in Senate Finance committee.
SB0058 (nmlegis.gov) Electric Vehicle Charging Unit Credit: this tax credit bill provides a $2,500 tax credit when an EV is purchased. If the tax payer has an adjusted gross income of $50,000 or less, married individual filing separately with adjusted gross income of $37,500 or less or married couple with adjusted gross income of $75,000 the tax credit is $5,000. This applies to an EV with a suggested retail price of $48,000 or less. The annual funding is $10 million through 2025. This bill is sponsored by Sen. Tallman. This bill was heard in the Senate Transportation committee but has not been voted on yet.
SB0112 (nmlegis.gov) Creating a Sustainable Task Force bill creates a working group for five years to develop a plan to transition the state away from reliance on natural resource extraction. The sponsor is Sen. Stewart. This bill passed out of the Senate Conservation committee.