The resolution proposes an interim study to assess the impact of the nameplate capacity tax on the development and sustainability of privately developed renewable energy generation facilities in Nebraska. Specifically, the study will evaluate whether the current tax rate of $3,518 per megawatt effectively supports the state's energy infrastructure and renewable energy goals while providing fair compensation to local communities hosting these facilities. The study will analyze various factors, including the influence of the tax on renewable energy development since its inception in 2010, the appropriateness of the current tax structure in light of technological advancements and market conditions, and how Nebraska's tax framework compares to those in other states.

The Natural Resources Committee will conduct the study, which will involve consultations with state agencies, county officials, and renewable energy facility operators. The committee is tasked with examining the potential effects of adjusting the nameplate capacity tax rate, including its competitiveness relative to other energy production taxes and the anticipated impacts on local businesses and the energy landscape. Upon completion, the committee will report its findings and recommendations to the Legislative Council or Legislature, determining whether the tax should be increased, decreased, or maintained at its current level.