N.D.C.C. § 57-06-14.1 — Taxation of centrally assessed wind turbine electric generators

1. A centrally assessed wind turbine electric generation unit with a nameplate generation
capacity of one hundred kilowatts or more on which construction is completed before
January 1, 2015, must be valued at three percent of assessed value to determine
taxable valuation of the property except:
a. A centrally assessed wind turbine electric generation unit with a nameplate
generation capacity of one hundred kilowatts or more, for which a purchased
power agreement was executed after April 30, 2005, and before January 1, 2006,
and construction was completed after April 30, 2005, and before July 1, 2006,
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must be valued at one and one -half percent of assessed value to determine
taxable valuation of the property; and
b. A centrally assessed wind turbine electric generation unit with a nameplate
generation capacity of one hundred kilowatts or more, on which construction is
completed after June 30, 2006, and before January 1, 2015, must be valued at
one and one-half percent of assessed value to determine taxable valuation of the
property.
2. A centrally assessed wind turbine electric generation unit with a nameplate generation
capacity of one hundred kilowatts or more, on which construction is completed after
December 31, 2014, or which is twenty years or more from the date of first
assessment, is subject to taxes in lieu of property taxes, to be determined as provided
in subsection 1 of section 57 -33.2-04 and subject to any associated administrative
provisions of chapter 57-33.2.