Oklahoma - SB 95 - 2017

Relating to income tax; 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 electricity generated by zero emission facilities; providing exception to amount of credit which may be used or refunded; limiting total amount of certain credit which may be used or refunded during specified time period; providing for annual adjustment of total amount of credits subject to certain limit based on specified calculation and prescribing applicable methodology; providing exception to certain limit under specified circumstances; and providing an effective date.

View Latest Bill

Financing and Financial Incentives

Added On: 03-25-2017
Updated On: 07-24-2017
Status: Introduced
Primary Sponsors: Micheal Bergstrom (Senate/Republican), Earl Sears (House/Republican)

Actions (5)

  • 02-06-2017 - Authored by Senator Bergstrom
  • 02-06-2017 - First Reading
  • 02-07-2017 - Referred to Appr/Sub-Finance
  • 02-07-2017 - Second Reading referred to Appropriations
  • 02-08-2017 - coauthored by Sears (principal House author)

News (1)

Bergstrom bills seek cap on wind credit to fund teacher raises - Miami News Record
Published by miamiok.com
Wed, 11 Jan 2017 15:55:22 GMT

OKLAHOMA CITY – Seeking funding for teacher pay raises as promised in his campaign, Ok. District 1 Senator Micheal Bergstrom, is proposing a cap on wind credits. Wind credits ... State Sen. Bergstrom has filed a bill that would cap tax credits at $25 ...

Latest Bill Text