South Dakota SB210 mandates that a portion of wind energy tax revenue remain with school districts.
South Dakota SB210 amends the state's education funding terms and procedures. It specifies that wind energy tax revenue apportioned to school districts from wind farms must remain with the districts. For wind farms producing power for the first time before July 1, 2016, 100% of the revenue must be retained for the first five years, decreasing annually to zero by the ninth year. For wind farms starting between October 1 and December 31, 2016, the retention percentage decreases more gradually.
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- Legal Framework
- Critical Issues
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