February 10, 2009, Introduced by Reps. Scripps, Melton, Smith, Warren and Byrnes and referred to the Committee on Energy and Technology.


     A bill to amend 1967 PA 281, entitled


"Income tax act of 1967,"


(MCL 206.1 to 206.532) by adding section 278.




     Sec. 278. (1) For tax years that begin after December 31,


2008, a taxpayer may claim a credit against the tax imposed by this


act equal to 50% of the total amount paid to purchase and install a


photovoltaic system or to retrofit for a photovoltaic system in a


residential structure owned by the taxpayer.


     (2) If the amount of the credit allowed under this section


exceeds the tax liability of the taxpayer for the tax year, that


portion of the credit that exceeds the tax liability shall be


refunded to the taxpayer.


     (3) As used in this section:


     (a) "Photovoltaic cell" means an integrated device consisting


of layers of semiconductor materials and electric contacts capable


of converting incident light directly into electricity.


     (b) "Photovoltaic module" means an assembly of interconnected


photovoltaic cells.


     (c) "Photovoltaic system" means a solar energy device composed


of 1 or more photovoltaic cells or photovoltaic modules, an


inverter or other power conditioning unit designed to deliver power


of a selected current and voltage, wires, and other electrical


connectors in order to generate electricity, heat or cool a


residential structure, provide hot water for use in a residential


structure, or provide solar process heat. Batteries for power


storage may also be included in a photovoltaic system.