State legislators are discussing ways to fix the tax structure for wind power projects. Revenue Committee Chair Senator Abbie Cornett, of Bellevue, says they knew there would be issues in the initial stages of development that needed a little tweaking as the wind industry expands in Nebraska.
“Anytime you start down a new road, a lot of times you miss something,” Cornett says. She say the hearing aimed to correct any mistakes that have made and to move forward.
The first large wind power project has been operational between Bloomfield and Crofton for the last couple of years. The legislature changed the way those turbines are taxed, from personal property to production capacity, which affected property taxes for Knox County and the Bloomfield school district.
Cornett says a measure from Senator Cap Dierks, of Ewing, may take care of most of the problem. Senator Dierks says he thinks the committee has a better understanding of the tax issues and they’ll make it so things will “be all right.”
Dierks says he’s convinced wind power will still be a major benefit to Nebraska and the region.
Thanks to Jerry Oster, WNAX, Yankton