AB 528
Revises provisions relating to property tax abatements for certain buildings and structures which meet certain energy efficiency standards. (BDR 58-425)
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Bill overview
This bill revises provisions for property tax abatements for buildings and structures meeting certain energy efficiency standards. It allows the Director of the Office of Energy to begin approving applications for these abatements again, which were previously prohibited. The bill also adjusts the amount and duration of the abatements available, offering different levels of reduction based on the building's energy performance and whether it previously received an abatement. Furthermore, it updates the requirements for the Green Building Rating System to include resilience credits and stricter energy performance standards, including net-zero carbon emissions requirements.
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Primary sponsor
Assembly Committee on Growth and Infrastructure
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