Wind and Solar Jobs for Ohio says that the state Senate's victory in establishing a flat per-megawatt tax on wind and solar development should be followed by successful passage of similar House legislation and a final reconciled bill for Gov. Ted Strickland, D-Ohio, to sign before the summer recess.
Wind and Solar Jobs for Ohio is a coalition of businesses and organizations that support the adoption of a competitive tax structure for wind and solar projects in the state.
Under S.B.232's $7,000/MW tax, local communities lined up to host Ohio's seven wind farms under current development will receive a total of $7.3 million in annual tax revenues, with farmers receiving annual lease payments totaling $9.3 million.
‘S.B.232, and a similar bill in the house, H.B.464, jointly sponsored by Rep. Roland Winburn [D-Dayton] and Rep. Debbie Phillips [D-Athens], are critical to bringing Ohio's tax on wind and solar development in line with surrounding states as developers finalize decisions on which projects to prioritize nationwide to leverage federal stimulus funding expiring in 2012,’ says Brad Lystra, manager of economic development partnerships for the American Wind Energy Association.
SOURCE: Wind and Solar Jobs for Ohio