The bill aims to amend the Code of West Virginia by limiting the pollution control facilities tax treatment for wind power projects to those that are fully operational and generating electricity into the grid on or before January 1, 2025. Specifically, it modifies the existing legal language to clarify that only wind power projects meeting this operational deadline will be subject to the provisions outlined in the relevant section of the law.

Additionally, the bill specifies that each wind turbine and tower at qualifying projects will be considered personal property classified as pollution control facilities, with certain valuation conditions applied. The language changes include the insertion of terms that emphasize the operational status of these projects by the specified date, while also removing outdated references to projects that do not meet this criterion. Overall, the bill seeks to ensure that tax benefits are restricted to established wind power projects, thereby potentially impacting future developments in the sector.

Statutes affected:
Introduced Version: 11-6A-5a