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Watson present at signing of wind farm revenue legislation

Watson was invited to view Governor Mike Parson sign legislation sponsored by State Representative Allen Andrews to keep wind revenue local

Gov. Mike Parson has signed legislation sponsored by State Representative Allen Andrews that will ensure tax revenues generated by wind farm projects stay local. The bill (HB 220) was approved by overwhelming bipartisan majorities in the Missouri House and Senate during the 2019 regular session

Andrews said the legislation is of vital importance to the Northwest Missouri region because of the numerous wind farms that produce millions of dollars in revenues annually. Under current law, the tax revenues generated by a wind farm owned by a public utility are spread throughout the utility’s service grid rather than stay in the local area where the project is located.

Read more! This feature originally appeared by Farmer Publishing on July 16, 2019.