Statutes > Iowa Statutes > Title 11 - Natural Resources > Subtitle 5 - Public Utilities > CHAPTER 476B - WIND ENERGY PRODUCTION TAX CREDIT > 476B.3 - CREDIT AMOUNT.

476B.3 - CREDIT AMOUNT.

        476B.3  CREDIT AMOUNT.         The wind energy production tax credit allowed under this chapter      equals the product of one cent multiplied by the number of      kilowatt-hours of qualified electricity sold or used for on-site      consumption by the owner during the taxable year.
         Section History: Recent Form
         2004 Acts, ch 1175, §411, 418; 2005 Acts, ch 179, §164; 2008 Acts,      ch 1128, §7, 15
         Footnotes
         2008 amendment to this section takes effect May 1, 2008, and      applies retroactively to tax years beginning on or after January 1,      2008; 2008 Acts, ch 1128, § 15