77-6201 Legislative findings and declarations. - Nebraska Statutes

77-6201. Legislative findings and declarations.The Legislaturefinds and declares:(1) The purposeof the nameplate capacity tax levied under section 77-6203 is to replace propertytaxes currently imposed on wind infrastructure and depreciated over a shortperiod of time in a way that causes local budgeting challenges and increasesupfront costs for wind developers;(2) The nameplate capacity tax should becompetitive with taxes imposed directly and indirectly on wind generationand development in other states;(3) The nameplate capacity tax should befair and nondiscriminatory when compared with other taxes imposed on otherindustries in the state; and(4) The nameplate capacity tax should notbe singled out as a source of General Fund revenue during times of economichardship. SourceLaws 2010, LB1048, § 12.Effective Date: July 15, 2010