This bill repeals the three-year tax exemption on wind energy production previously established in W.S. 39-22-105(b). The repeal means that any wind turbine that began producing electricity for sale after the effective date of this act will no longer be eligible for the tax exemption that was in place.

However, the bill specifies that the repealed tax exemption will still apply to any wind turbine that first produced electricity for sale before the effective date of this act, ensuring that those turbines retain the benefits of the exemption. The act is set to take effect immediately upon the completion of all necessary legislative procedures.

Statutes affected:
Introduced: 39-22-105