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Tribal Wind Development: An Alternative Approach Kennis M Bellmard - - PowerPoint PPT Presentation
Tribal Wind Development: An Alternative Approach Kennis M Bellmard - - PowerPoint PPT Presentation
Tribal Wind Development: An Alternative Approach Kennis M Bellmard II Kennis M. Bellmard, II & Robert Bud Scott Economic Development Authorities Tribal Business Structures Tribal Business Structures Businesses Government
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Indian Country
No Property Tax y Minimal State Regulation Minimal State Regulation Unique Incentives
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Tax Advantages
Tribal Enterprises Exempt from many State
& Federal Taxes R l P t T E ti T t St t
Real Property Tax Exemption = Trust Status Accelerated Depreciation Indian Employment Tax Credit = Wages &
Health Insurance N M k t T C dit
New Markets Tax Credits
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Business Friendly Business Friendly Regulatory Market
Tribal Utility Divisions
- Federal Environmental
Regulations Structured Business Laws Structured Business Laws
- Liability Limitations
T ib l C i l C d
- Tribal Commercial Code
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“Tribal Trust Land Advantages”
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CHILOCCO, OKLAHOMA Chilocco
OKLAHOMA KANSAS BORDER
Ponca Ponca City
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Tribal Financial Opportunities Tribal Financial Opportunities For Developing Energy Projects
Clean Renewable Energy Bonds (CREBS) Tax Exempt Bond Financing Tax Exempt Bond Financing Federal Set-Asides for Technical & Federal Set Asides for Technical &
Infrastructure Development
Community Development Financing
Institutions (CDFI) Revolving Loan Fund
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CREBS Funds & Issuance CREBS Funds & Issuance Last Cycle
General Governmental Borrowers ($263 Million)
- 275 Projects in 28 States
Ranges from $15 000 to $2 95 Million
- Ranges from $15,000 to $2.95 Million
- 138 Solar, 88 Wind, 41 Landfill/Gas, 12 Hydro
Cooperative Borrowers ($143 Million)
- 28 Projects in 13 States
f $ $
- Ranges from $300,000 to $30 Million
- 14 Wind, 4 Landfill/Gas, 6 Hydro, 1 Solar
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Public Sector Public Sector Incentive Programs
N Bid F d l C S ll B i
No Bid Federal Contracts = Small Business
Administration 8(a) Status
- No Pass Through Tax Liability
- Increased Contract Reimbursement
HubZone Programs
- USDA Contract Preferences
- HUD Contract Preferences
Foreign Trade Zones
- Reduce US Customs Duties
Reduce US Customs Duties
- No Ad Valorem Tax on Personal Property
- Avoid Customs Processing Fees
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The Future Is Now
Carbon Sequestration Incentives Renewable Portfolio Standards Green Credit Trading Transmission Line Upgrades
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