Key Votes
HB 1228 - Tax Credits for Alternative Energy Projects - Key Vote
South Dakota Key Votes
James Bolin voted Nay (Override of Veto) on this legislation.
Read recent statements James Bolin made in this general time period.
Stages
- March 19, 2012 House Veto Override Failed
- March 12, 2012 Executive Vetoed
- March 1, 2012 House Concurrence Vote Passed
- Feb. 28, 2012 Senate Bill Passed
- Feb. 14, 2012 House Bill Passed
- Jan. 25, 2012 Introduced
Family
Issues
Stage Details
Legislation - Veto Override Failed (House) (44-23) - March 19, 2012 (Key vote)
Title: Tax Credits for Alternative Energy Projects
Vote to override a veto of a bill that authorizes tax refunds for wind energy facilities and upgraded power generation facilities.
- Authorizes a refund of sales and excise taxes paid by wind energy facilities for wind turbine installation projects if all of the following are true (Sec. 1):
- The purpose of the project is the creation of electrical energy;
- The project began on or after January 1, 2013; and
- The cost of the project will exceed $50 million.
- Specifies that the amount of the tax refund shall be calculated by multiplying the nameplate capacity of the installed turbines by $45 per kilowatt (Sec. 1).
- Authorizes a tax refund for power generation facilities that have added an environmental upgrade to an existing facility if all of the following are true (Sec. 2):
- The construction date of the project is on or after January 1, 2013; and
- The cost of the project will exceed $50 million.
- Specifies that the amount of the tax refund shall be 50 percent of the taxes paid for the upgrade project (Sec. 2).
- Specifies that project costs incurred after January 1, 2017 are not eligible for the refund (Sec. 2).
NOTE: A TWO-THIRDS MAJORITY OF MEMBERS ELECTED IS REQUIRED TO OVERRIDE A GOVERNOR'S VETO.
Legislation - Vetoed (Executive) - March 12, 2012
Title: Tax Credits for Alternative Energy Projects
Legislation - Concurrence Vote Passed (House) (52-16) - March 1, 2012 (Key vote)
Title: Tax Credits for Alternative Energy Projects
Vote to concur with Senate amendments and pass a bill that authorizes tax refunds for wind energy facilities and upgraded power generation facilities.
- Authorizes a refund of sales and excise taxes paid by wind energy facilities for wind turbine installation projects if all of the following are true (Sec. 1):
- The purpose of the project is the creation of electrical energy;
- The project began on or after January 1, 2013; and
- The cost of the project will exceed $50 million.
- Specifies that the amount of the tax refund shall be calculated by multiplying the nameplate capacity of the installed turbines by $45 per kilowatt (Sec. 1).
- Authorizes a tax refund for power generation facilities that have added an environmental upgrade to an existing facility if all of the following are true (Sec. 2):
- The construction date of the project is on or after January 1, 2013; and
- The cost of the project will exceed $50 million.
- Specifies that the amount of the tax refund shall be 50 percent of the taxes paid for the upgrade (Sec. 2).
- Specifies that project costs incurred after January 1, 2017 are not eligible for the refund (Sec. 2).
Legislation - Bill Passed (Senate) (18-15) - Feb. 28, 2012 (Key vote)
Title: Tax Credits for Alternative Energy Projects
Vote to pass a bill that authorizes tax refunds for wind energy facilities and upgraded power generation facilities.
- Authorizes a refund of sales and excise taxes paid by wind energy facilities for wind turbine installation projects if all of the following are true (Sec. 1):
- The purpose of the project is the creation of electrical energy;
- The project began on or after January 1, 2013; and
- The cost of the project will exceed $50 million.
- Specifies that the amount of the tax refund shall be calculated by multiplying the nameplate capacity of the installed turbines by $45 per kilowatt (Sec. 1).
- Authorizes a tax refund for power generation facilities that have added an environmental upgrade to an existing facility if all of the following are true (Sec. 2):
- The construction date of the project is on or after January 1, 2013; and
- The cost of the project will exceed $50 million.
- Specifies that the amount of the tax refund shall be 50 percent of the taxes paid for the upgrade (Sec. 2).
- Specifies that project costs incurred after January 1, 2017 are not eligible for the refund (Sec. 2).
Legislation - Bill Passed (House) (63-7) - Feb. 14, 2012
Legislation - Introduced (House) - Jan. 25, 2012
Title: Tax Credits for Alternative Energy Projects
Sponsors
- Timothy P. 'Tim' Begalka (SD - R)
- Justin R. Cronin (SD - R)
- Tom M. Hansen (SD - R) (Out Of Office)
- Nick G. Moser (SD - R) (Out Of Office)
- Valentine Bryce 'Val' Rausch (SD - R) (Out Of Office)
- Steve T. Street (SD - D) (Out Of Office)
- Mark K. Willadsen (SD - R) (Out Of Office)
