10-35-19.1. Annual tax on electricity produced by wind farm after March 31, 2015 or by solar facility.
Any company owning or holding under lease, or otherwise, real or personal property used, or intended for use, as a wind farm producing power for the first time after March 31, 2015, shall pay an annual tax of $.00045 per kilowatt hour of electricity produced by the wind farm. Any company owning or holding under lease, or otherwise, real or personal property used, or intended for use, as a solar facility, shall pay an annual tax of $.00090 per kilowatt hour of electricity produced by the solar facility. The owner of a renewable facility subject to the tax shall file a report with the secretary detailing the amount of electricity in kilowatt-hours that was produced by the renewable facility for the previous calendar year. The secretary shall prescribe the form of the report. The tax for the electricity produced in a calendar year shall become due and be payable to the secretary on the first day of February of the following year. Except as otherwise provided in §§10-35-16 to 10-35-21, inclusive, the provisions of chapter 10-59 apply to the administration of the tax.
Source: SL 2015, ch 66, §3, eff. Apr. 1, 2015; SL 2016, ch 61, §4.