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Senate committee approves substitute to repeal West Virginia wind project property-tax treatment
Summary
The West Virginia Senate Energy Committee approved a committee substitute for Senate Bill 439 that would repeal the state’s pollution-control property-tax treatment for wind projects, after testimony from Clearway Energy and discussion of jobs, local tax revenues and competitiveness.
The West Virginia Senate Energy, Industry and Mining Committee on an agreed voice vote approved a committee substitute for Senate Bill 439 that repeals the pollution-control property-tax treatment currently available to wind energy projects.
The substitute, as explained to the committee, would repeal the statutory provision cited in the hearing as West Virginia Code section 11-6-8-58 and thereby eliminate the special property-tax treatment used by wind projects in the state.
Why it matters: The change would alter the tax treatment of existing and planned wind projects in West Virginia, a point supporters of wind development say could jeopardize planned investments and local revenues while opponents say it would equalize tax treatment across energy sources.
Clearway Energy representative Chris Hall told the committee that the…
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