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State Sen. Micheal Bergstrom has filed a bill that would cap tax credits at $25 million statewide for electricity generated by zero emission facilities, including wind energy, and another that could use the savings to provide a graduated teacher pay raise over the next three years.
OKLAHOMA CITY – State Senator Micheal Bergstrom filed a bill this week to move the existing sunset date for the film industry tax credit program from July 1, 2024 to January 1, 2018. Citing the anticipated continuing budget hole this year, Bergstrom, R- Adair, said accelerating the expiration of the program will save money that can be used in other crucial core areas like education.
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