By Eryn Clement A measure that provides for certain tax refunds for new or expanded wind energy facilities passed in the State House. House bill 1060 essentially removes the cap for big wind energy projects so they are able to qualify for the contractors excise tax. Other legislation that was recently approved and is headed to the governor gives a 45 percent tax refund to projects costing ten million dollars or more. The measure also gives a 55 percent tax refund to projects between forty million dollars and five hundred million dollars. Proponents of House bill 1060 believe this legislation is an incentive to promote renewable energy. Representative Bernie Hunhoff says there is a lot more work to be done regarding wind energy. “I think it’s a good effort. It continues to really try to develop big wind energy projects. There’s still a lot of work to do. We still have a floor on smaller projects. We’re lifting the cap on projects but we still need to do a lot more for smaller projects. So I hope we can find support for that. And we need to find ways to promote community wind much more,” says Hunhoff. The House bill passed with a 59 to 10 vote and now goes to the governor.
Member stations can download the audio file here.
Facebook Twitter YouTube Pictures on Flickr RSS Feed
Audio livestream feeds by room:
LCR 1 | LCR 2 | Governor's Large Conference Room (GLCR)
Room 412 | 413 | 414 | 423 | 464 | House of Representatives | Senate
House of Representatives | Senate | Press Briefing
State of South Dakota
Legislative Research Council
Find and track a bill by number
Check daily activities (agendas, live and archived media, meeting minutes) using calendars below
"Statehouse" Corporate Underwriters
South Dakota Bar Foundation
Friends of SDPB
Facebook | Twitter | YouTube | Pictures on Flickr | RSS Feed
©2013 South Dakota Public Broadcasting. All Rights Reserved