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Indiana House sends governor bill clarifying wind tax breaks
Credit: By Dan Carden, www.nwitimes.com 8 April 2011 ~~
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Translate: FROM English | TO English
The Indiana House agreed 89-0 on Friday that utilities and other wind-power generating companies do not qualify for a property value adjustment.
State Rep. Don Lehe, R-Brookston, said Senate Bill 481 clarifies that the 100 percent deduction of a property value increase due to a windmill is only for property or mobile home owners, not power companies.
Earlier this year, state tax officials rejected a deduction application filed by a wind-power company seeking to remove $59.3 million in assessed value from tax rolls.
Lehe said the measure, which now goes to the governor, makes the intent of the statute clear.
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