The rate of severance tax determined and imposed as provided in section 57-61-01 must be reduced by fifty percent if the coal is to be burned in a cogeneration facility
which is designed to use renewable resources as fuel to generate ten percent or more
of its energy output measured in British thermal units. The coal mine owner or operator must certify, or require the person purchasing the
coal to certify, that the coal will be used in the manner required by this section
to qualify for the reduced tax rate.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.