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Governor Says Wind Energy Should Pay More
Governor Joe Manchin says his new wind energy bill is all about that industry paying its fair share to the state. The bill was introduced in the state Senate Friday and Manchin discussed the bill with MetroNews Monday.
Manchin says, “If we are going to grow the state the way we need to it has to be a fair level playing field.”
The bill would nearly eliminate the salvage rate the wind farm owners currently pay in property taxes and instead they would pay regular property tax rates. They would also be required to pay B&O Taxes like other power producing facilities. The wind farm owners could earn tax credits by investing in local community projects.
February 5, 2007
in Metro News
Governor Joe Manchin says his new wind energy bill is all about that industry paying its fair share to the state. The bill was introduced in the state Senate Friday and Manchin discussed the bill with MetroNews Monday.
Manchin says, “If we are going to grow the state the way we need to it has to be a fair level playing field.”
The bill would nearly eliminate the salvage rate the wind farm owners currently pay in property taxes and instead they would pay regular property tax rates. They would also be required to pay B&O Taxes like other power... [continue via Web link]
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