Senator Brian Bingman, R-Sapulpa
For Immediate Release: May 19, 2009
Sen. Brian Bingman
Bingman Legislation Encourages Use of Oklahoma Energy
The State Senate passed House Bill 1949 by Senator
Bingman, R-Sapulpa, which received overwhelming bipartisan
support and includes tax credits for compressed natural gas (CNG)
use in Oklahoma.
House Bill 1949 extends the duration of existing
tax credits available on the purchase of qualified clean-burning
and electric motor vehicles. A 50% tax credit is available for
originally equipped and converted qualified clean-burning and
electric motor vehicle property.
Bingman is chairman of the Senate Energy and Environment
Committee and says Oklahoma’s resource of natural gas is
plentiful and should be used.
“Senate Republicans have worked to lead our
nation in developing energy independence,” said Bingman.
“This is our opportunity to be an energy leader through
the use of Oklahoma’s abundance of natural energy sources.”
If House Bill 1949 is signed by the Governor, tax
credits will not only be available for Oklahoma citizens who use
CNG for their vehicles, but also for those who use the fuel in
service stations. A $2,500 tax credit will be available for Oklahomans
who use CNG in their home refueling systems as well.
For more information contact:
Sen. Bingman's Office - 405-521-5528