Alva Review-Courier -

Wind, data centers drive growth in Oklahoma tax exemptions

 


OKLAHOMA CITY (AP) — The Oklahoma Tax Commission says wind farms, manufacturers and data centers received about $106 million in property tax subsidies last year.

The Oklahoman reports (http://bit.ly/2uaCfcM ) that's the most since the five-year property tax exemption program began in 1986. It's a 37 percent increase from 2015's $80 million in exemptions.

Wind farms claimed $41.3 million in exemptions last year, followed by manufacturing at $39.75 million. Data processing centers had $24.1 million in exemptions, while distribution centers had about $905,000.

After a decade of rapid growth...



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