GRAND RAPIDS – Statewide legislation introduced this month hopes to resolve a years-long dispute between power providers and local governments over the taxable value of wind turbines and how much revenue is directed to local taxing units.
House Bill 5326 — introduced on Sept. 22 and sponsored by state Rep. Pat Outman, R-Six Lakes — mirrors a Senate bill from April that would create a uniform tax depreciation schedule for wind turbines.
Since Michigan’s wind energy build-out started roughly a decade ago, utilities and other power producers have regularly disputed the taxable value of wind turbines with local governments, appealing to the Michigan Tax Tribunal for what the companies believe are more accurate values.
To read more, click on https://mibiz.com/sections/energy/bills-would-create-uniform-statewide-taxable-value-for-wind-turbines
