Bill
Bill > LB503
NE LB503
Authorize the designation of American energy friendly counties and change provisions relating to privately developed renewable energy generation facilities and the nameplate capacity tax
summary
Introduced
01/21/2025
01/21/2025
In Committee
01/23/2025
01/23/2025
Crossed Over
Passed
Dead
Introduced Session
109th Legislature
Bill Summary
A BILL FOR AN ACT relating to privately developed renewable energy generation facilities; to amend section 77-6203, Revised Statutes Cumulative Supplement, 2024; to authorize the designation of American energy friendly counties as prescribed; to change provisions relating to privately developed renewable energy generation facilities and the nameplate capacity tax; and to repeal the original section.
AI Summary
This bill introduces a voluntary program for Nebraska counties to become "American energy friendly counties" by adopting more favorable regulations for renewable energy generation facilities. The bill defines several key terms, including electric energy storage resources, solar energy systems, and wind energy conversion systems, and provides a framework for counties to opt into this designation. Counties can choose to apply directly or submit the decision to a voter referendum. To qualify, counties must modify their zoning regulations to make renewable energy facility installation easier, including permitting such facilities by right, limiting sound and setback restrictions, removing height limitations, and streamlining permitting processes. As an incentive, owners of renewable energy facilities in these counties would pay a nameplate capacity tax at one and a half times the standard rate. The bill also creates an American Energy Friendly Counties Fund to provide grants to counties to help them update their regulations, with eligible expenses including consultant and attorney fees for regulatory changes. The goal is to support rural economic development, broaden the local tax base, and potentially reduce residents' property taxes by creating a more attractive environment for renewable energy infrastructure.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Revenue Hearing (13:30:00 2/19/2025 Room 1524) (on 02/19/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=58901 |
Fiscal Note for LB503 | https://nebraskalegislature.gov/FloorDocs/109/PDF/FN/LB503_20250218-111454.pdf |
Analysis - Statement of Intent | https://nebraskalegislature.gov/FloorDocs/109/PDF/SI/LB503.pdf |
BillText | https://nebraskalegislature.gov/FloorDocs/109/PDF/Intro/LB503.pdf |
Loading...