Wind, data centers drive growth in Oklahoma tax exemptions
July 2, 2017
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...