Michael Lloyd/The OregonianHouse Speaker Dave Hunt, D-Gladstone, (center) and Majority Leader Mary Nolan, D-Portland, have a light-hearted conversation with Minority Leader Bruce Hanna, R-Roseburg, on Friday. Both the House and Senate will work again today as the 2009 Legislature nears its June 30 deadline.

SALEM — A state program that subsidizes green energy projects got trimmed Friday when lawmakers gave final approval to a bill that reduces tax credits for Oregon wind farms.

Gov. Ted Kulongoski hasn’t decided on the bill. His aide said he doesn’t want to roll back Oregon’s incentives for alternative energy because they have delivered “tremendous economic returns.” At the same time, he recognizes that the state needs all the money it can get in the next two years.

The bill also adds incentives for electric car and innovative battery manufacturers, which Kulongoski hopes to attract to Oregon.

“He’s weighing his options very carefully,” said Anna Richter Taylor, spokeswoman for the governor. Kulongoski has 30 days after the session ends to decide whether to veto a bill.

By a 26-2 vote, the Senate approved House Bill 2472, which lowers the maximum state payments to large wind projects from $10 million to $3.5 million. Along with some other changes, the bill …

Read the original article at FinanceOre

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