State Sen Chris Widener (R-Springfield) has introduced a bill that would scrap the tangible personal property tax currently levied on wind- and solar-power generating facilities. Under Widener's bill, in lieu of the tax, companies that build such facilities would pay an annual fee based on how much power they generate. The bill is a response to Governor Ted Strickland's proposal earlier this year to suspend Ohio’s tangible personal property tax on generation for wind and solar companies that break ground on projects in 2010, produce energy by 2012, and create Ohio jobs in the process. Rep. Roland Windburn (D-Dayton) also has a bill in the works, but has yet to introduce it in the Ohio House.
Register Now As you are not an existing subscriber please register for your free daily legal newsfeed service.
RegisterIf you have any questions about the service please contact customerservices@lexology.com or call Lexology Customer Services on +44 20 7234 0606.
Legislature moves on Strickland's renewable energy tax proposal
- Bricker & Eckler LLP
- Christopher M. Montgomery
- USA
- February 26 2010
-
If you are interested in submitting an article to Lexology, please contact Andrew Teague at ateague@lexology.com.
![]()
Edward J. Willey III
Corporate Counsel
Huawei Technologies (USA)
