Note: Enacted March 2015, L.B. 412 created the following requirement: "To the extent feasible, a C-BED project developer shall provide, in writing, notice of incentives pursuant to the Rural Community-Based Energy Development Act for local ownership and local participation in a C-BED project to each property owner on whose property a turbine will be located and to the elected governing body of each municipality or political subdivision in which a turbine will be located."
In May 2007 Nebraska established an exemption from the sales and use tax imposed on the gross receipts from the sale, lease, or rental of personal property for use in a community-based energy development (C-BED) project. Nebraska also enacted the Rural Community-Based Energy Development Act (L.B. 629) to authorize and encourage electric utilities to enter into power purchase agreements with C-BED project developers.
To claim the exemption, filing requirements imposed by the Tax Commissioner must be met.
A C-BED project is defined as a new energy generation project using wind, solar, biomass, or landfill gas as the fuel source that has at least 25% of the gross power purchase agreement payments flowing to the qualified owner or owners or as payments to the local community and has a resolution of support adopted by the county board of each county in which the C-BED project is located or by the tribal council for a C-BED project located within the boundaries of an Indian reservation.
“Payments to the local community” include, but are not limited to, lease and easement payments part of a C-BED project; contract payments to Nebraska companies that meet specific statutory requirements for services, materials, equipment, and components necessary to permit or construct the C-BED project; other parts, materials, or components that are manufactured, assembled, or fabricated in Nebraska not included above.
Qualified Project Owners
A qualified C-BED project owner means:
|Incentive Type:||Sales Tax Incentive|
|Administrator:||Nebraska Department of Revenue|
|Eligible Renewable/Other Technologies:||
|Incentive Amount:||100% exemption|
|Name:||R.R.S. Neb. § 77-2704.57|
|Effective Date:||10/01/2007 (subsequently amended)|
|Name:||R.R.S. Neb. § 70-1903, et seq.|
|Date Enacted:||2007 (subsequently amended)|
|Organization:||Nebraska Department of Revenue|
Nebraska State Office Building
Lincoln NE 68509-4818
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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