Oklahoma - HB1548 - 2017

Relating to revenue and taxation; 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 tax credits for zero-emission facilities; modifying provisions related to use of tax credits; terminating use of tax credits with respect to electric power produced on or after designated date; imposing fiscal year limitation with respect to use of tax credits earned through electric power production occurring prior to designated date; imposing duty to report electric power production for certain time period; requiring Oklahoma Tax Commission to prescribe forms; imposing filing deadline; requiring analysis of information regarding electric power production; requiring Oklahoma Tax Commission to compile report regarding failure to file required annual reports with respect to electric power production from zero-emission facilities; requiring information to be accessible through designated website; requiring report by Oklahoma Tax Commission to the Governor, the Speaker of the Oklahoma House of Representatives and the President Pro Tempore of the Oklahoma State Senate; imposing deadline for report; providing for codification; providing an effective date; and declaring an emergency.

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Financing and Financial Incentives

Added On: 03-24-2017
Updated On: 08-21-2017
Primary Sponsor:

Actions (7)

  • 02-06-2017 - First Reading
  • 02-06-2017 - Authored by Representative Dunlap
  • 02-07-2017 - Referred to Appropriations and Budget Finance Subcommittee
  • 02-07-2017 - Second Reading referred to Appropriations and Budget
  • 02-23-2017 - Withdrawn from Appropriations and Budget Finance Subcommittee
  • 03-02-2017 - Title stricken
  • 03-02-2017 - CR; Do Pass, as amended, Appropriations and Budget Committee

Votes (1)

DateMotion (click for details)ChamberCommitteeYes

Sponsors (1)