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Tax breaks for wind-energy projects could be subject of a legislative study  

Credit:  By: Bob Mercer, Republic Capital Bureau, The Daily Republic, www.mitchellrepublic.com 10 February 2011 ~~

PIERRE – Normally, the Legislature lets its Executive Board decide the topics for special studies. But tax incentives for the wind-energy industry might get different treatment.

Sen. Bob Gray, R-Pierre, proposes the creation in state law of what he’s titled the Wind Energy Competitive Task Force.

He is the Senate president pro tem. His co-sponsors on SB 194 include House Speaker Val Rausch, R-Big Stone City, and five other key Republican legislators.

The Senate State Affairs Committee endorsed Gray’s plan Wednesday on a 8-0 vote. He told committee members the task force could examine what other states are doing and come back with a comprehensive proposal for the 2012 legislative session.

Wind energy lobbyists testified in favor. No one spoke against. The measure now heads to the full Senate for consideration.

A state tax-rebate program for large business and agriprocessing projects has benefited some wind farms with millions of dollars in construction-tax refunds. That program is scheduled to expire Dec. 31, 2012.

Source:  By: Bob Mercer, Republic Capital Bureau, The Daily Republic, www.mitchellrepublic.com 10 February 2011

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

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