Plain language
Terms to know
- Ad valorem property taxes
- Taxes based on the value of the property or assets owned by electrical generation companies.
- Eminent domain
- The government's power to take private property for public use, often with compensation.
- Value added return
- The economic benefit or profit gained from new electrical transmission infrastructure within the state.
Public statements
Why lawmakers voted
Last checked Aug 8, 11:40 PM
Why they voted this way
The lawmaker argues the bill is important because it addresses emerging energy resources like coal gasification and wind that are changing traditional industry paradigms.