O’Laughlin’s wind farm tax bill passes Senate
Credit: Jason Hunsicker | Kirksville Daily Express | Mar 3, 2019 | www.kirksvilledailyexpress.com ~~
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Wind farm taxes
O’Laughlin’s Senate Bill 72, which would categorize wind farms as local property for assessment and taxation purposes, passed the Senate, 32-1, on Thursday. The bill has been referred to the House.
The legislation is considered critical for local entities with the pending High Prairie wind farm project in Schuyler and Adair counties. When completed by Terra-Gen, the farm will be sold to Ameren Missouri. As a public utility, assets like a wind farm have tax revenues spread across a utility’s entire service area.
If a bill like this were to become law, those tax dollars would remain solely in the counties in which the wind farm exists.
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