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Committee moves to tax wind turbines as real property, eliminating current tax incentive
Summary
The committee agreed to a substitute for Senate Bill 23 to reclassify wind turbines and towers as real property instead of pollution-control personal property, which would remove an existing tax incentive; the substitute was reported to the full Senate and referred to Finance under double committee reference.
The Senate Energy Industry and Mining Committee agreed to a committee substitute for Senate Bill 23 that would eliminate a tax incentive for wind-power projects by classifying wind turbines and their towers as real property. Counsel told the committee that under current law those components are designated as pollution-control facilities and taxed as personal property at salvage value; the substitute removes a contradictory provision and makes non-substantive technical changes.
The substitute was agreed to by voice vote. Vice chair moved that the committee substitute be reported to the full Senate with a recommendation that it pass but, under the original double committee reference, first be referred to the Committee on Finance; that motion carried on voice vote.
The committee record contains no roll-call tallies or named vote counts; votes were recorded as "ayes." The substitute’s reclassification would change how wind projects are assessed for local taxation, removing the lower salvage-value personal-property treatment for turbines and towers and placing them under real-property taxation rules. The committee did not record fiscal estimates or further implementation directions in the transcript.
