LB1021

Nebraska LB1021 amends the nameplate capacity tax for renewable energy facilities.

Nebraska LB1021 modifies the nameplate capacity tax for renewable energy generation facilities. It sets the tax rate at $3,518 per megawatt of nameplate capacity. The tax applies to facilities using wind, solar, biomass, or landfill gas as fuel sources. The bill specifies that certain entities, including federal and state governments, public power districts, and cooperatives, are exempt from the tax. It also outlines the distribution of tax revenue, with 5% going to the community college area where the facility is located and the remainder to eligible local taxing entities.