Title XI, NATURAL RESOURCES (Ch. 455 - 485)

The wind energy production tax credit shall not be allowed for any kilowatt-hour of electricity that is sold to a related person. For purposes of this section , persons shall be treated as related to each other if such persons would be treated as a single employer under the regul…

1. An owner may apply to the commission for a written determination regarding whether a facility is a qualified facility by submitting to the commission a written application containing all of the following: a. Information regarding the ownership of the facility including the per…

1. a. If a city or a county in which a qualified facility is located has enacted an ordinance under section 427B.26 and an owner has filed for and received special valuation pursuant to that ordinance, the owner is not required to obtain approval from the city council or county b…

Notwithstanding any other provision of this chapter to the contrary, the commission shall establish a pilot project which will allow for a wind energy production tax credit of one and one-half cents multiplied by the number of kilowatt-hours of qualified electricity sold or used …

1. Wind energy production tax credit certificates issued under this chapter may be transferred to any person or entity. Within thirty days of transfer, the transferee must submit the transferred tax credit certificate to the department along with a statement containing the transf…

To claim a wind energy production tax credit under this chapter , a taxpayer must include one or more tax credit certificates with the taxpayer’s tax return, or if used against taxes imposed under chapter 423 , the taxpayer shall comply with section 423.4, subsection 4 , or if us…

The department shall develop a system for the registration of the wind energy production tax credit certificates issued or transferred under this chapter and a system that permits verification that any tax credit claimed on a tax return is valid and that transfers of the tax cred…