HB19-1165
On-site Wind Turbine Manufacturing Property Tax Exemption
Concerning an exemption from property tax for business personal property used to manufacture wind turbines or components of wind turbines at the site where the wind turbines will be placed into service.
Session:
2019 Regular Session
Subject:
Bill Summary
Fiscal Policy & Taxes
For property tax years commencing on or after January 1, 2020, but before January 1, 2030, the bill exempts from property tax business personal property used to manufacture wind turbines or components of wind turbines at the site where the wind turbines will be placed into service.
(Note: This summary applies to this bill as introduced.)