Adds to existing law to provide a decommissioning bond for wind turbines within the State of Idaho.
WINDMILL BONDING -- Adds to existing law to provide a decommissioning bond for wind turbines within the State of Idaho.
STATEMENT OF PURPOSE
▶ Show statement of purpose▼ Hide statement of purpose
This legislation adds a new section in Chapter 23 Title 67- 67-2362 Wind Energy Development Decommissioning. This ensures that wind turbine sites in Idaho are properly decommissioned at the end of their useful life or upon abandonment. It prevents landowners and the State from bearing the financial burden of removing wind energy infrastructure. This creates a financial assurance system (decommissioning deposit) to fund the removal and land restoration process.
FISCAL NOTE
▶ Show fiscal note▼ Hide fiscal note
There will be no fiscal impact to state or local governments if this legislation passes because it does not create or expand any programs and does not require the expenditure of any funds. This Legislation does have the potential for generating General Fund revenue form potential interest form the State Treasure holding the Decommissioning Bonds.
SOP revised: 03/11/2025, 10:05 AM
LATEST ACTION
Retained on General Orders
BILL INFO
- Session
- 2025
- Chamber
- house
- Status date
- Mar 7, 2025
RELATED BILLS
More by Kevin Andrus