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Methane Gas Conversion Property Tax Exemption
| Eligible Technologies: | Alternative Fuels |
| Applicable Sectors: | Commercial, Industrial, Residential |
| Amount: | 100 percent |
| Legislative Code: | Iowa Code 427.1(29) |
| Summary: | This statute exempts personal property, real property, and improvements to real property used to collect and convert methane gas to energy in an operation connected with, or in conjunction with, a publicly owned sanitary landfill from the state property tax. If the property also burns another fuel, the exemption shall apply to that portion of the value of such property, which equals the ratio that its use of methane gas bears to total fuel consumed. Applications shall be filed with the assessing authority not later than February 1 of each year for which the exemption is requested on forms provided by the Department of Revenue and Finance. |
DNR Contact
Jim Moyle, Iowa Department of Revenue
(515) 281-7232
Jim.Moyle@iowa.gov
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Methane Energy Replacement Generation Tax Exemption
| Eligible Technologies: | Methane |
| Amount: | Six hundredths of a cent per kWh |
| Legislative Code: | Iowa Code 437A.6 |
| Summary: | This statute exempts electricity generated by methane gas conversion property from the replacement generation tax, which is six hundredths of a cent per kilowatt-hour. |
DNR Contact
Alan Harding, Iowa Department of Revenue
(515) 281-4782
Alan.Harding@iowa.gov
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