1. (a) A unit may apply to the office for certification as a wind energy ready community. The application must be in a form and manner prescribed by the office. The office may approve an application and certify a unit as a wind energy ready community if the office determines the following:

   1. (1) That the unit has adopted a wind power regulation that includes clear standards for the construction, installation, siting, modification, operation, or decommissioning of one (1) or more wind power devices (as defined in IC 8-1-41-7 ) in the unit.

   2. (2) That the unit's wind power regulation:

      1. (A) includes standards that are not more restrictive, directly or indirectly, than the default standards for wind power devices set forth in IC 8-1-41 ;
      2. (B) provides a clear and transparent process for project owners to identify potential wind power project sites;
      3. (C) does not unreasonably eliminate portions of the unit as sites for wind power projects;
      4. (D) provides for a fair review and approval process for proposed wind power projects, including final approval that cannot be revoked; and

      5. (E) includes a specific plan for using any funds from an incentive granted by the office under subsection (b):

         1. (i) for economic development purposes within or near the wind power project's footprint; or
         2. (ii) to otherwise benefit residents and businesses within or near the wind power project's footprint.

   3. (3) That the unit has demonstrated a commitment to maintain:

      1. (A) the standards and procedural framework set forth in the unit's wind power regulation; and

      2. (B) all applicable zoning, land use, and planning regulations;

         with respect to any particular wind power project that is approved under the unit's commercial solar regulation, for a period of at least ten (10) years, beginning with the start date of the wind power project's full commercial operation.

2. (b) If:

   1. (1) a unit receives certification as a wind energy ready community by the office under this section;
   2. (2) after the unit's certification, a project owner constructs a wind power project in the unit; and

   3. (3) the fund is established and there is a sufficient balance in the fund;

      the office may authorize the unit to receive from the fund, for a period of ten (10) years beginning with the start date of the wind power project's full commercial operation, one dollar ($1) per megawatt hour of electricity generated by the wind power project, if the office determines that the procedures and standards set forth in the unit's wind power regulation were adhered to in the development of the project. However, if the office determines at any time after the start of the wind power project's full commercial operation that the unit has failed to continue to meet the requirement for certification set forth in subsection (a)(3), the office shall discontinue the incentive granted under this subsection and shall require the unit to return to the fund any amounts collected by the unit under this subsection after the unit's breach of the requirement for certification set forth in subsection (a)(3).

3. (c) After:

   1. (1) a unit receives certification as a wind energy ready community under this section; and

   2. (2) a project owner constructs a wind energy facility that qualifies the unit to receive the incentive under subsection (b);

      the project owner shall annually report to the office the total megawatt hours generated by the wind energy facility in the previous year.

As added by P.L.50-2023, SEC.1.