Adam Putnam's Energy Bill to be Law sans Rick Scott's Signature

Gov. Rick Scott will allow the energy bill crafted by Agriculture Commissioner Adam Putnam to become law without signing the legislation, HB 7117.

Scott declared in a letter to Secretary of State Ken Detzner that he had mixed feeling about the bill, supporting the pro-business reforms but questioning targeted tax credits that have been opposed by groups such as Americans for Prosperity-Florida.

"I look forward to reviewing the analysis of returns to the taxpayers as a result of these tax credits," Scott wrote.

"In considering this analysis, it is my goal to ensure that any investment on behalf of Florida taxpayers in renewable energy would afford them the kind of return they would expect of their tax dollars. Absent clear documentation that the proposed tax credits have produced a sufficient return or provided significant cost savings for the states taxpayers, I will request their repeal."

More to come.