The Legislature finds and declares: (1) The purpose of the nameplate capacity tax levied under section 77-6203 is to replace property taxes currently imposed on renewable energy infrastructure and depreciated over a short period of time in a way that causes local budgeting challenges and increases upfront costs for renewable energy developers; (2) The nameplate capacity tax should be competitive with taxes imposed directly and indirectly on renewable energy generation and development in other states; (3) The nameplate capacity tax should be fair and nondiscriminatory when compared with other taxes imposed on other industries in the state; and (4) The nameplate capacity tax should not be singled out as a source of General Fund revenue during times of economic hardship.
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