Oklahoma’s Incentive Evaluation Commission will hold a special meeting Tuesday to consider its final recommendations to the legislature on how to handle tax credits of several industries.
While wind-farm opponents in the legislature wanted massive cuts in the credits for the wind industry, the Commission, in a meeting last week, recommended no changes from those made by a consulting firm.
The PFM Group of Philadelphia made its recommendations to the commission earlier in the month, urging the state to end the tax break for wind-power electric generating plants three years earlier than the state planned. The group urged the elimination of the tax credit by 2018.
At an early-November meeting where those recommendations were made, Randall Bauer, leader of the PFM team in Oklahoma told commissioners the state had already gone further than the goal of helping the wind industry provide 15 percent of the state’s electricity output.
The commission has a Dec. 15 deadline to turn over its report to Gov. Mary Fallin and the legislature.