This bill amends the Code of West Virginia to limit the pollution control facilities tax treatment for wind power projects specifically to those that are fully operational and generating electricity into the grid on or before January 1, 2025. The existing language that previously allowed for broader eligibility is being revised to establish this new cutoff date.

Additionally, the bill clarifies that each wind turbine and tower that meets the operational deadline will be considered personal property classified as a pollution control facility. It specifies that the value associated with these turbines and towers will be assigned a salvage valuation, with a cap of 79 percent of the total facility value, while other personal property at the wind power project will not receive this classification. The bill aims to streamline tax treatment for wind power projects in West Virginia by establishing clear eligibility criteria based on operational status by the specified date.

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