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OK SB355
Bill
AI Summary
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Requires wind energy facility owners to post a bond with the Oklahoma Secretary of State of at least $25,000 per wind turbine prior to construction, with financial security sufficient to cover entire decommissioning costs.
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Removes exception for wind energy facilities on owner's property, making all wind facilities subject to the Oklahoma Wind Energy Development Act requirements.
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Prohibits wind energy facility construction within 3 miles of residential dwellings, 1/2 mile of adjacent property lines, 2 miles of public roads, 3 miles of cities/towns, airports, schools, or hospitals without written consent.
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Requires wind facility owners to obtain permits from county commissioners and municipalities before construction, providing leases, consents, and bonds for property damage during construction.
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Changes financial security filing requirement from year 15 to year 10 of operation, with subsequent filings every 10 years, and increases administrative penalties to $1,500 per day for non-compliance.
Legislative Description
Wind energy; modifying the Oklahoma Wind Energy Development Act; requiring additional bonds covering decommissioning. Effective date.
Last Action
coauthored by Fields
2/26/2015