Good news for preppers: property tax credit for renewable energy improvements moves forward

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When voters approved a constitutional amendment in 2008 to provide property tax exemptions for certain home improvements, it was with the expectation that home values would not be increased due to renewable energy upgrades or storm-related protections.

Yet the bills progressing now through the House and Senate address only the renewable energy portion of this promise, providing that property appraisers will not be able to raise assessments due to certain storage tanks, rock beds, heat exchange devices, pumps, fans, windmills, wind turbines and generators, and other related technologies.

Not included are storm-related home improvements such as hurricane shutters due to budget concern, according to Sen. Jack Latvala.   HB 277 was unanimously approved by the House on Wednesday.  The measure still must go through Senate Appropriations before reaching the Senate floor.