OKLAHOMA CITY (AP) - Two Oklahoma lawmakers have filed legislation to alter state tax subsidies for new wind farms in the state.
The legislation was filed Thursday by Sen. Mike Mazzei of Tulsa and Rep. Earl Sears of Bartlesville. It would establish guidelines to regulate wind companies and oversee development in Oklahoma.
Among other things, legislation would reduce the amount of Zero Emissions Tax credits for new wind farms from a half-cent per kilowatt hour for energy produced in the first year to one-tenth of a cent by the fifth year. They would also establish a $6 million statewide cap for the Zero Emissions Tax credit.
Jeff Clark, executive director of The Wind Coalition, says it looks forward to working with the Legislature to determine an incentive package that allows Oklahoma to remain competitive.
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