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2005 LegislationStatus on 2005 KEC recommendationsRecommendation #1 - Amend Article 9 of the Uniform Commercial Code to restore a priority creditor status for sellers of oil and gas production when a purchaser is in bankruptcy. Such an amendment would follow the language of the former K.S.A. 84-9-319 which was repealed in 2000.
#2 - Authorize the Kansas Development Finance Authority (KDFA) to offer bonds to finance Kansas energy projects.
#3 - Remove mandatory labeling for 10% ethanol mixtures at the gas pump. Rescind Subsection b of Kansas Statute No. 79-3408, which currently requires that retail gasoline pumps with ethanol blends be labeled.
#4 - Adopt a $0.005/kwh production tax credit for new renewable energy facilities or expansions of existing facilities, including wind, hydro, solar, and biomass. This credit should be for the first 10 years of the facilities’ operation, be tradable to allow benefit to non-taxable entities, and designed in such a way that it is transparent who claims these and how much they claim.
#5 - Adopt language clarifying that negotiations and discussions between wind-energy developers and local governments regarding voluntary payments for wind projects are legal.
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