Friday, October 28, 2011

Legislative Committee Votes Against Wind Energy Taxation

A Wyoming legislative committee has voted against a bill that would have restructured the state's policy on taxing wind energy projects to benefit producers. The members of the Joint Revenue Interim Committee voted against the bill yesterday in Worland. The bill would have allowed the state to charge impact fees on new wind projects instead of allowing the existing sales tax exemption on wind energy equipment to expire on schedule in January. The state in January also will begin taxing wind developers $1 per megawatt hour.

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