- Associated Press - Friday, September 23, 2016

CASPER, Wyo. (AP) - Wyoming lawmakers have shot down a proposal to increase taxes on wind energy.

The Casper Star-Tribune reports (http://bit.ly/2d1vMaJ ) that the decision came after no members of the public spoke in favor of the legislation at a Thursday meeting.

The idea behind the tax increase was to use the extra money to support Wyoming schools. School constructions funds, which are primarily funded with coal lease bonuses, have been on the decline with no new coal leases in years.

Rep. Mike Madden’s proposal to raise the tax from $1 to $3 has drawn strong criticism from the wind industry. Wind groups say a new tax would put Wyoming at a competitive disadvantage for wind projects at a time when the state is in desperate need of economic diversification.

___

Information from: Casper (Wyo.) Star-Tribune, http://www.trib.com

LOAD COMMENTS ()

 

Click to Read More

Click to Hide