2008 House Bill 5616

Authorize Tax breaks for wind turbines

Introduced in the House

Jan. 16, 2008

Introduced by Rep. Michael Sak (D-76)

To authorize a Michigan Business Tax credit for a firm that generates electricity from a wind turbine of five megawatts or less. The credit would be $0.015 per kilowatt hour generated (1.5 cents). The credits would be subject to an aggregate statewide cap of $3 million, and $750,000 for a single taxpayer.

Referred to the Committee on Energy and Technology