The transfer of wind energy tax revenue must be made within the ten-year timeframe identified in § 13-13-10.1 for each new wind farm

The maximum amount a school district may transfer on an annual basis is the amount of wind energy tax revenue that is able to be retained by the district and not counted as local effort. Notwithstanding § 13-16-6 , wind energy tax revenue transferred to the capital outlay fund under the authority of this section must remain separately identified and may not thereafter be returned to the general fund. Source: SL 2000, ch 77 , § 1; SL 2001, ch 77 , § 6; SL 2021, ch 74 , § 2; SL 2024, ch 53 , § 6.