AMENDMENT FOR PRINTED BILL
180ra
___________________ moved that SB 180 be amended as follows:
On page 1 of the printed bill, delete lines 4 to 14, inclusive.
On page 2, line 3, delete "and prior to July 1, 2015,".
On page 2, line 3, overstrike "two percent of the gross".
On page 2, line 4, overstrike "receipts of" and insert "$.00040 per kilowatt hour of electricity
produced by".
On page 2, line 4, overstrike everything after "." .
On page 2, overstrike lines 5 and 6.
On page 2, line 7, overstrike everything before "The" .
On page 2, delete lines 14 to 24, inclusive, and insert:
" Section 3. That § 10-35-22 be repealed.
10-35-22. Any company requiring transmission lines or wind farm collector systems or both in
South Dakota for a wind farm or a power generation facility as described in § 10-35-1.3, is eligible
for a partial rebate of the tax paid under § 10-35-19. The company shall apply for the rebate on forms
prescribed by the secretary. The total amount of tax rebated shall be no more than fifty percent of
the cost of the transmission lines and wind farm collector systems in South Dakota.
The maximum rebate any company may receive in one year is ninety percent of the tax paid
under § 10-35-19 for the first five years and fifty percent of the tax paid under § 10-35-19 for the
next five years. The secretary shall determine when the wind farm is commercially operational. No
wind farm may receive a rebate under this section after this ten year period.
The secretary shall rebate the tax from the wind energy tax fund prior to the distribution of any
money as provided in § 10-35-21. The secretary may provide a tax credit, in lieu of full payment of
the gross receipts tax, of up to eighty percent of the transmission rebate value that has been approved
by the secretary. Any revenue in the wind energy tax fund after the rebates are paid shall be deposited
in the property tax reduction fund. ".
On page 3, delete lines 1 to 17, inclusive.