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Key Votes

SB 893 - Amends Taxation of Zero-Emission Facilities - Oklahoma Key Vote

Timeline

Issues Related to SB 893

Stage Details

Legislation - Signed (Executive) -

Title: Amends Taxation of Zero-Emission Facilities

Legislation - Concurrence Vote Passed (Senate) (31-8) - (Key vote)
See How Your Politicians Voted

Title: Amends Taxation of Zero-Emission Facilities

Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:

Vote to concur with House amendments and pass a bill that amends the tax credits and caps on electric facilities that produce zero emissions.

Highlights:

 

  • Defines “eligible renewable resource” as wind, water, sun, or geothermal energy (Sec. 1). 

  • Limits the total amount of tax credits authorized for eligible renewable resources to $500,000 annually (Sec. 1). 

  • Specifies that if the total tax credits authorized for eligible renewable resources exceeds $500,000 for any single year, the Tax Commission shall permit the excess and factor it into the percentage adjustment formula for subsequent years (Sec. 1).

  • Specifies that any unused tax credits for eligible renewable resources may be carried over until such credits are fully used (Sec. 1).

Legislation - Bill Passed With Amendment (House) (66-26) -

Title: Amends Taxation of Zero-Emission Facilities

Legislation - Bill Passed (Senate) (33-11) -

Title: Amends Taxation of Zero-Emission Facilities

Vote Smart's Synopsis:

A vote to pass a bill that amends the tax credits and caps on electric facilities that produce zero emissions.

Highlights:

Vote Smart staff and volunteers have provided this synopsis based on an initial review of the text and voting record of SB 893. We will continue to analyze the contents of this bill and will have more information available as soon as possible.

For further status information, email the Key Votes Department at votes@votesmart.org or call the Voter's Research Hotline at 1-888-VOTE-SMART (1-888-868-3762).

Legislation - Introduced (Senate) -

Title: Amends Taxation of Zero-Emission Facilities

Sponsors

Co-sponsors

  • John R. Bennett (OK - R) (Out Of Office)
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