(1) Beginning January 1, 2027, and ending December 31, 2028, each renewable energy parent entity with an eligible facility that is commercially operational in the state shall pay an annual recycling study assessment to the tax commission before March 1 of each year. (2) The amount of the recycling study assessment described in Subsection (1) is based on the total number of generating alternating current nameplate capacity megawatts of wind or solar electric generation facilities that are commercially operational in the state at the beginning of the calendar year, and controlled by the renewable energy parent entity, as follows: (a) for 500 or greater megawatts of operational generating alternating current nameplate capacity, the assessment is $20,000; (b) for megawatts of operational generating alternating current nameplate capacity equal to or greater than 200 megawatts, but less than 500 megawatts, the assessment is $17,500; (c) for megawatts of operational generating alternating current nameplate capacity equal to or greater than 100 megawatts, but less than 200 megawatts, the assessment is $12,500; (d) for megawatts of operational generating alternating current nameplate capacity equal to or greater than 50 megawatts, but less than 100 megawatts, the assessment is $5,000; and (e) for megawatts of operational generating alternating current nameplate capacity equal to or greater than 20 megawatts, but less than 50 megawatts, the assessment is $2,500. (3) The office shall: (a) annually determine the amount of recycling study assessment each renewable energy parent entity owes under this section; and (b) report the amount described in Subsection (3)(a) to the tax commission to be collected in accordance with Section 79-6-1403. (4) The office may make rules, in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to create procedures for assessing and reporting the amounts to be collected under this section.
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