A gas tax of a very different sort
April 15, 2009
The Iowa House is considering a bill
passed unanimously in the Senate on Monday that would
expand property-tax exemptions for equipment used to collect methane gas. The law currently limits the exemption to equipment used to capture methane gas from landfills, but the bill would get rid of that restriction. This appears to expand eligibility for the tax exemption to
gas-collection systems over wastewater lagoons, among other potential sources.
last revised April 2009