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O’Laughlin’s wind farm tax bill passes Senate  

Credit:  Jason Hunsicker | Kirksville Daily Express | Mar 3, 2019 | www.kirksvilledailyexpress.com ~~

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.

Source:  Jason Hunsicker | Kirksville Daily Express | Mar 3, 2019 | www.kirksvilledailyexpress.com

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.

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