Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(116,744 posts)
Sun Feb 10, 2019, 08:24 AM Feb 2019

North Dakota Senate approves change to wind tax

BISMARCK - The North Dakota Senate voted Thursday, Feb. 7, to change how wind tax revenue is distributed, sending more future wind revenue to the state general fund rather than counties.

Senate Bill 2331 directs one-third of wind tax revenue to the state and two-thirds to counties for wind projects constructed after Dec. 31, 2020.

Currently, all of North Dakota’s wind energy tax revenue stays with counties that produce the energy, while the state shares in tax revenue from coal and oil.

The goal of the bill is to create a level playing field with other energy-producing facilities, said Tax Commissioner Ryan Rauschenberger. It doesn’t raise the tax on wind, but redirects where it goes.

Read more: https://www.inforum.com/news/government-and-politics/966291-North-Dakota-Senate-approves-change-to-wind-tax

Latest Discussions»Region Forums»North Dakota»North Dakota Senate appro...