Credit: By Dan Carden,
8 April 2011 ~~
The Indiana House agreed 89-0 on Friday that utilities and other wind-power generating companies do not qualify for a property value adjustment.
State Rep. Don Lehe, R-Brookston, said Senate Bill 481 clarifies that the 100 percent deduction of a property value increase due to a windmill is only for property or mobile home owners, not power companies.
Earlier this year, state tax officials rejected a deduction application filed by a wind-power company seeking to remove $59.3 million in assessed value from tax rolls.
Lehe said the measure, which now goes to the governor, makes the intent of the statute clear.
By Dan Carden,
8 April 2011
This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.
The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.