2013 Nebraska Revised Statutes
Chapter 77 - REVENUE AND TAXATION
77-6201 - Legislative findings and declarations.

77-6201. Legislative findings and declarations.

The Legislature finds and declares:

(1) The purpose of the nameplate capacity tax levied under section 77-6203 is to replace property taxes currently imposed on wind infrastructure and depreciated over a short period of time in a way that causes local budgeting challenges and increases upfront costs for wind developers;

(2) The nameplate capacity tax should be competitive with taxes imposed directly and indirectly on wind generation and development in other states;

(3) The nameplate capacity tax should be fair and nondiscriminatory when compared with other taxes imposed on other industries in the state; and

(4) The nameplate capacity tax should not be singled out as a source of General Fund revenue during times of economic hardship.

Source

Laws 2010, LB1048, § 12.