Revenue and taxation; Green Energy Subsidy Recapture Tax Act; definitions; purpose; tax levy; exemptions; reporting procedures; remittance; apportionment of revenues; effective date.

HB 1452 imposes a tax on private owners of clean energy facilities (like wind, solar, and geothermal power plants) equal to the federal production tax credit they could have claimed. This tax applies regardless of whether the facility owner actually used the federal credit, and it directly affects private clean energy producers (excluding government entities, which are exempt). Owners must report and pay the tax monthly by the 15th, with revenue directed to the state’s General Revenue Fund. The bill takes effect October 1, 2025, and is designed to generate state revenue by recapturing potential federal subsidy benefits.