Rep. WHITE proposes the following amendment (LC-556.DG0011H):
Amend the bill, as and if amended, SECTION 1, by striking Section 12-6-3830(A)(2) and inserting:
(2) "Equipment" means equipment and facilities used to collect and process landfill gas into renewable natural gas and transport and inject renewable natural gas into a natural gas transmission pipeline system. Equipment includes utility facilities owned by the taxpayer dedicated for use with a renewable natural gas production facilitysolely to collect, process, and transport landfill gas, on the property of the facility, into renewable natural gas. Equipment does not include offsite utility infrastructure, land acquisition costs, legal expenses, administrative costs, or unrelated pipeline expansion.Amend the bill further, SECTION 1, Section 12-6-3830, by adding a subsection to read:
(E) If a facility receiving credits pursuant to this section ceases operation, fails to maintain commercial production, or removes qualifying equipment from service within five years of the date the equipment is placed in service, the taxpayer shall repay a prorated portion of the credits previously claimed, as determined by the department.Renumber sections to conform.
Amend title to conform.