After hearing more than five hours of public testimony, the Wyoming Legislature’s Joint Revenue Committee rejected a bill Thursday that would have increased the tax on wind energy production.
Wyoming currently taxes production at $1 per megawatt hour, the only such tax in the nation. The state is facing a major budget shortfall because of the downturn in coal, oil and gas production. Raising the wind tax came up as a possible way to generate revenue for school construction. Rep. Mike Madden, R-Buffalo, introduced the failed proposal to raise the tax to $3 per megawatt hour.