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SD lawmakers repeal renewable energy tax break

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SD lawmakers repeal renewable energy tax break
Mitchell South Dakota 120 South Lawler 57301

PIERRE -- The House Taxation Committee gave its blessing Thursday to repealing a tax break that was meant to encourage renewable energy production.

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The irony was the committee's chairman, Rep. Brock Greenfield, shepherded the law to passage in 2002.

For Greenfield, R-Clark, the law's original passage was a substantial victory 12 years ago. Then-Gov. Bill Janklow fought against adding tax loopholes.

The tax break was used just once, for a wind-power project. More lucrative incentives for energy projects became available through other state programs.

So, the state Revenue Department wants to repeal it.

The committee's 13-0 vote favoring repeal sends the measure, SB 55, to the full House of Representatives for consideration and possible final passage as early as Friday afternoon.

The Senate has already approved the repeal 35-0.

The last question now is who would explain the repeal legislation to the full House.

"I might ask somebody else to shoot my dog," Greenfield said.

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