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Rick Scott allows Adam Putnam's energy bill to become law

Gov. Rick Scott approved Adam Putnam's energy proposal Friday by allowing it to become law without his signature.

Not exactly a ringing endorsement.

In a letter usually reserved for vetoes, Scott praised HB 7117 for stripping unnecessary regulation and repealing the renewable portfolio standard mandate.

Echoing tea party concerns voiced loudly this week, Scott said he isn't convinced the biggest part of the bill -- $100 million in tax incentives over five years for renewable energy investments -- will pay off for consumers.

"Absent clear documentation that the proposed tax credits have produced a sufficient return or provided significant cost savings for the state's taxpayers, I will request their repeal," he wrote.

Story to come.

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