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Tue December 27, 2011
Gov. Mead continues to push for wind tax reduction
Gov. Matt Mead says he's continuing to push to try to change how Wyoming taxes wind energy projects despite a chilly reception to his proposals from some state legislators so far.
Wyoming's sales and use tax exemption on equipment used on wind energy projects expires in January 2012. The state will also begin imposing a $1 per megawatt hour tax on wind energy production starting then.
The Legislature's Joint Revenue Interim Committee in October rejected Mead's proposal to continue the sales and use tax exemption on wind energy projects in exchange for imposing lower, one-time impact fees on them.
Mead says he doesn't regard the issue as settled and wants the Legislature to consider it when it convenes in February. He says industries need clarity and certainty in tax laws.