Oklahoma - HB2298 - 2017

Relating to income tax credits; amending 68 O.S. 2011, Section 2357.32A, as amended by Section 2, Chapter 371, O.S.L. 2013 (68 O.S. Supp. 2016, Section 2357.32A), which relates to credits for electricity generated by zero-emission facilities; modifying definition; modifying time period during which certain zero-emission facilities qualify for credit; providing an effective date; and declaring an emergency.

View Latest Bill

Financing and Financial Incentives

Added On: 03-24-2017
Updated On: 08-21-2017
Status: Enacted
Primary Sponsors: Bryce Marlatt (Republican), Mike Schulz (Republican), Greg Treat (Republican)





Actions (33)

  • 02-06-2017 - First Reading
  • 02-06-2017 - Authored by Representative McCall
  • 02-07-2017 - Second Reading referred to Appropriations and Budget
  • 03-02-2017 - Emergency added
  • 03-02-2017 - Coauthored by Representative(s) O'Donnell
  • 03-02-2017 - CR; Do Pass, amended by committee substitute Appropriations and Budget Committee
  • 03-09-2017 - Notice served to reconsider vote by Representative Echols
  • 03-09-2017 - Third Reading, Measure and Emergency passed: Ayes: 74 Nays: 24; Ayes: 69 Nays: 25
  • 03-09-2017 - Authored by Senator Schulz (principal Senate author)
  • 03-09-2017 - General Order
  • 03-09-2017 - Coauthored by Representative(s) Bennett (John), Kerbs
  • 03-14-2017 - Referred for engrossment
  • 03-14-2017 - Motion expired
  • 03-14-2017 - Coauthored by Representative(s) Sanders, Brumbaugh
  • 03-20-2017 - First Reading
  • 03-20-2017 - Engrossed, signed, to Senate
  • 03-27-2017 - Second Reading referred to Appropriations
  • 03-29-2017 - Title stricken
  • 03-29-2017 - Emergency clause stricken
  • 03-29-2017 - Coauthored by Senator Treat
  • 03-29-2017 - Reported Do Pass as amended Appropriations committee; CR filed
  • 04-10-2017 - Referred for enrollment
  • 04-10-2017 - Engrossed measure signed, returned to House
  • 04-10-2017 - Emergency clause restored
  • 04-10-2017 - Amendment restored bill to engrossed version
  • 04-10-2017 - Measure and Emergency passed: Ayes: 40 Nays: 3
  • 04-10-2017 - Title restored
  • 04-10-2017 - General Order, Considered
  • 04-10-2017 - Coauthored by Senator Marlatt
  • 04-11-2017 - Enrolled, signed, to Senate
  • 04-11-2017 - Enrolled measure signed, returned to House
  • 04-11-2017 - Sent to Governor
  • 04-17-2017 - Approved by Governor 04/17/2017

Votes (4)

DateMotion (click for details)ChamberCommitteeYes
Votes
No
Votes
Other
Votes
Passed
03-01-2017House600yes
03-09-2017House2400yes
03-09-2017House2500yes
04-10-2017Senate300yes

Sponsors (9)

News (8)

'Oklahoma Governor to Decide Fate of Wind Energy Tax Credits' - StateImpact Oklahoma
Published by stateimpact.npr.org
Wed, 12 Apr 2017 18:02:49 GMT

... praised the bill, citing it as one way the state can reclaim revenue in future budget years. Oklahoma law allows owners of wind turbines that begin operation before 2021 to claim a credit on the income earned from energy production. HB 2298 would ...

Bill could slow construction of new Stephens wind farms - Duncan Banner
Published by duncanbanner.com
Wed, 19 Apr 2017 23:19:34 GMT

Chairman of the State of Oklahoma Incentive Evaluation Committee and Duncan Area Economic Development Foundation Lyle Roggow said the commission agreed it was time to end the subsidies, but suggested they end in 2018. “We think they did it a year early ...

Wind-generation tax credits could end soon - Muskogee Daily Phoenix
Published by muskogeephoenix.com
Mon, 27 Mar 2017 22:38:16 GMT

House Bill 2298 won approval in that chamber March 9 by a by 69-25 vote, was signed and sent to the Senate on March 20. The zero-emission tax credits were scheduled to expire at the end of ... Curtis Chambers, an Oklahoma Renewable Energy Council board ...

Senate panel advances earlier sunset of Oklahoma wind tax credits - NewsOK.com
Published by newsok.com
Thu, 30 Mar 2017 05:01:40 GMT

A Senate appropriations panel approved a bill Wednesday that would end Oklahoma's last big incentive for wind generation, putting a July 1 end date on the zero-emissions tax credit. The committee voted 34-6 to send House Bill 2298 to the Senate floor ...

Oklahoma governor signs bills to end wind incentive, airfield loophole - NewsOK.com
Published by newsok.com
Tue, 18 Apr 2017 10:01:28 GMT

House Bill 2298, by Speaker Charles McCall, R-Atoka, and Senate President Pro Tempore Mike Schulz, R-Altus, ends the tax credit for new wind development July 1. ... "The zero-emissions tax credit was key to the growth of wind energy in Oklahoma, and I ...

Oklahoma governor to decide fate of wind energy tax credits - NewsOK.com
Published by newsok.com
Wed, 12 Apr 2017 19:16:13 GMT

House Bill 2298 now heads to Gov. Mary Fallin, who asked for the early sunset legislation in February. ... HB 2298 would end the credit July 1. According to the Oklahoma Tax Commission, the credit costs the state more than $65 million per year in ...

Oklahoma House Says Yes To Early Phaseout Of Wind Tax Credits - North American Windpower
Published by nawindpower.com
Wed, 15 Mar 2017 16:17:34 GMT

The bill retains the original Jan. 1, 2021, deadline for other zero-emission facilities, such as solar or geothermal facilities. However, the vast majority of zero-emission energy production in Oklahoma is from wind. With the deadline to be placed in ...

Oklahoma House approves earlier end to wind tax credit - NewsOK.com
Published by newsok.com
Fri, 10 Mar 2017 06:02:41 GMT

With lawmakers facing an estimated $878 million budget shortfall, HB 2298 supporters said it would help put the state on firmer financial footing in future years. "We can't afford it," said Rep. Jon Echols, R-Oklahoma City, who presented the bill on ...