Industrial energy usage; requiring energy consumers to submit certain efficiency plan. Effective date.
Impact
If enacted, this bill will significantly influence state laws regarding energy consumption and sustainability practices among industries. By requiring regular efficiency plans, SB619 encourages companies to invest in better energy management practices, which could lead to reduced overall energy usage in the state. The effort is aligned with broader goals of promoting energy conservation and responsible resource management, potentially leading to a more sustainable industrial sector in Oklahoma.
Summary
Senate Bill 619 is a legislative proposal aimed at enhancing energy efficiency in industries within Oklahoma. The bill mandates that industries with high energy consumption—defined as exceeding seventy-five kilowatt-hours per square foot per year—are required to submit an energy efficiency plan to the Oklahoma Department of Commerce every two years. This plan must outline strategies and investments to maximize energy use efficiency and develop methods for energy production that can offset up to 50% of their annual energy consumption.
Contention
While the bill is primarily focused on promoting energy efficiency, there may be concerns regarding the regulatory burden it places on industries. Some stakeholders might argue that the requirements for detailed efficiency plans could be cumbersome, especially for smaller businesses lacking the resources to develop comprehensive strategies. As such, the legislative discussion may revolve around balancing environmental responsibilities with the operational capabilities of various industries, ensuring that proposed measures do not stifle economic growth or impose undue economic hardships.
Income tax credit; extending time for claiming tax credit for construction of energy efficient property. Requiring property to be completed in same year as credit is claimed. Effective date.
Corporation Commission; requiring submission of certain annual report; requiring report contain certain items; requiring submission of evidence of financial security; effective date.
Corporation Commission; requiring submission of certain annual report; requiring report contain certain items; requiring submission of evidence of financial security; effective date.
Schools; requiring certain school personnel to complete certain training; requiring public schools to develop a cardiac emergency response plan. Effective date. Emergency.