Senate Amendment 3332 PAG LIN 1 1 Amend the amendment, S=3328, to Senate File 478 as 1 2 follows: 1 3 #1. Page 39, by striking lines 7 through 15 and 1 4 inserting the following: 1 5 <Sec. . NEW SECTION. 476B.6A ALTERNATIVE TAX 1 6 CREDIT QUALIFICATION == PILOT PROJECT. 1 7 Notwithstanding any other provision of this chapter 1 8 to the contrary, the board shall establish a pilot 1 9 project which will allow for a wind energy production 1 10 tax credit of one and one=half cents multiplied by the 1 11 number of kilowatt=hours of qualified electricity sold 1 12 or used for on=site consumption by up to two qualified 1 13 facilities selected for participation in the project. 1 14 To be eligible for the project, a qualified facility 1 15 shall meet all eligibility requirements otherwise 1 16 applicable pursuant to this chapter, and in addition 1 17 shall be located in a county in this state with a 1 18 population of between forty=four thousand one hundred 1 19 fifty and forty=four thousand five hundred based on 1 20 the 2006 census, and with a combined nameplate 1 21 generating capacity of at least one megawatt per 1 22 applicant. For purposes of the pilot project, the two 1 23 megawatt minimum requirement for qualification 1 24 pursuant to section 476B.1, subsection 4, paragraph 1 25 "d", shall not be applicable. The board shall reduce 1 26 the remaining credits available under this chapter by 1 27 a dollar amount equal to the amount of credits awarded 1 28 pursuant to the project.> 1 29 #2. By renumbering as necessary. 1 30 1 31 1 32 1 33 ROBERT M. HOGG 1 34 SF 478.723 83 1 35 rn/tm/24252 1 36 1 37 1 38 1 39 1 40 1 41 1 42 1 43 1 44 1 45 1 46 1 47 1 48 1 49 1 50 -1-