Alva Review-Courier -

By Warren Vieth
Oklahoma Watch 

State Panel Advises Keeping 10 Business Breaks; Repeals Off Table for Now

 

November 27, 2016

Warren Vieth, Oklahoma Watch

The Oklahoma Incentive Evaluation Commission endorses its consultants' recommendations to retain 10 state business incentives that are reducing state revenues.

A state oversight panel voted Tuesday to retain 10 business incentives after its consultants rescinded a recommendation to repeal one of them and the state commerce secretary intervened to rescue another.

The panel's actions provided an immediate reprieve to the Oklahoma Film Enhancement Rebate Program and the state's Industrial Access Road Program. But they could provide more momentum to efforts to rein in an expensive wind-power tax credit. All of the proposals would require legislative approval.

The votes by the new Oklahoma Incentive Evaluation Commission came after members argued over...



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