HB0285 Wind energy generation tax exemption.

Bill History

2017-02-03 House

H:Died in Committee Returned Bill Pursuant to HR 5-4

2017-02-03 House

H No report prior to CoW Cutoff

2017-01-31 House

H Introduced and Referred to H03 - Revenue

2017-01-31 House

H Received for Introduction

2017-01-30 LSO

Bill Number Assigned

Current Bill Text

Read the full stored bill text

2017
STATE OF WYOMING
17LSO-0248
Introduced
1.2

HOUSE BILL

NO.

HB0285

Wind energy generation tax exemption.

Sponsored by:
Representative(s) Burkhart

A BILL

for

AN ACT relating to the tax on the production of energy from wind resources; providing an exemption for energy generated from wind turbines that are substantially constructed in the state as specified; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 39
‑
22
‑
105 by creating a new subsection (c) is amended to read:

39
‑
22
‑
105
.

Exemptions.

(c)

Fifty percent (50%) of the electricity produced from a wind turbine that was substantially constructed in this state shall not be subject to
any
tax imposed under this chapter for a period of ten (10) years after the initial imposition of the tax on that turbine. As used in this subsection, "substantially constructed" means that the wind turbine is primarily assembled in Wyoming and
the manufacturing
of the tower foundation, tower, turbine blades, rotor hub and nacelle
occurs in Wyoming. Nothing in this subsection sh
all require construction or assembly of related electronics, gears or controls for the turbine
in Wyoming
.

Section
2
.

This
act is effective July 1,
201
7
.

(END)

1
HB0285

Wind energy generation tax exemption.

Plain English Breakdown

Bill History

Current Bill Text