This bill addresses revenue and expenditures related to funding of state accounts within the Department of Natural Resources.
This bill:
- expands resources to be deposited into the Species Protection Account;
- modifies the brine shrimp royalty rate;
- provides for deposit of brine shrimp royalty into the Sovereign Lands Management Account;
- accounts for a tax on concentrated depleted uranium received for disposal at a radioactive waste facility to be deposited into the Species Protection Account;
- imposes a tax on wind or solar electric generation facilities to be deposited into the Species Protection Account;
- provides a tax on direct current transmission facilities to be deposited into the Species Protection Account;
- addresses the effect of the taxes on ratepayers;
- authorizes rulemaking; and
- makes technical and conforming amendments.
Statutes affected: Introduced: 23A-3-214, 59-23-4, 59-24-103.7, 59-24-104, 59-24-105