Utah Statutes
§ 59-33-201 — Imposition of tax on renewable energy project entities -- Deposit of revenue.
Utah·Title 59 Revenue and Taxation·Ch. 59-33 Wind or Solar Electric Generation Facility Capacity Tax·Part 59-33-2 Imposition of Tax
(1)(1)(a) Beginning January 1, 2026, there is annually levied a tax on a renewable energy project entity in the state for each calendar year following the calendar year in which a wind or solar electric generation facility owned by the renewable energy project entity becomes commercially operational.
(1)(b) Notwithstanding the other provisions of this chapter, a renewable energy project entity does not owe a tax under this chapter for a wind or solar electric generation facility project that before December 31, 2025, was:
(1)(b)(i) operating;
(1)(b)(ii) under construction; or
(1)(b)(iii) subject to a power purchase agreement or other binding agreement to purchase output of the wind or solar electric generation facility.
(2)The tax levied under Subsection (1) is calculated by multiplying
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Utah § 59-33-201 (Imposition of tax on renewable energy project entities -- Deposit of revenue.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Chapter 258, 2025 General Session
Nearby Sections
15
§ 59-1-1001
Statement of taxpayer rights.§ 59-1-1002
Audit interviews.§ 59-1-1003
Penalty waiver.§ 59-1-1004
Installment payments.§ 59-1-1005
Suits against commission and its employees.§ 59-1-101
Definitions.§ 59-1-103
Income Tax Surplus Restricted Account.§ 59-1-1101
Private collection of tax -- Fee.§ 59-1-1302
Definitions.