For decades, Oklahoma has levied taxes and fees on everything from income—the real revenue-generator, at about $2 billion a year—to vending machines and bingo cards. It also offers a raft of tax exemptions, deductions and credits, ranging froma total of more than $733 million for standard and itemized deductions from the state income tax to three [...]
Entries from January 31st, 2012
">2012 issues: Taxes and credits—two sides of the revenue coin
January 31st, 2012 · No Comments · House, Senate
Tags: David Dank·Drew Edmondson·Ken Miller·Kris Steele·Marie Price·Mickey Hepner·Mike Mazzei·Oklahoma Council of Public Affairs·Oklahoma Policy Institute·Scott Meacham·State Equalization Board·tax credits·tax structure
">2012 issues: Grand River Dam Authority
January 30th, 2012 · 1 Comment · Executive Branch, House, Senate
Municipalities shoulder 87 percent of the debt of the Grand River Dam Authority because they buy that percentage of GRDA‘s generated power, yet they have only one voice on its seven-member board of directors, Mannford town administrator Mike Nunneley said Monday. “Anything that happens at GRDA is funded by my ratepayers,” Nunneley told the Joint [...]
Tags: audit·Daniel Sullivan·Doug Cox·Eddie Fields·Grand River Dam Authority·HB 2398·HB 2461·HB 2502·HB 2503·John Ford·Kevin Easley·Kim David·Marie Price·Michael Kiefner·Mike Nunneley·SB 1015·SB 1081·SB 1500·SB 1506·Shane Woolbright·Wade Rousselot·Weldon Watson
">2012 Issues: Chickasaws, Choctaws outline 'The Essentials' in ongoing water litigation
January 27th, 2012 · No Comments · Courts
Documents: Click here for the Oklahoma City Water Utilities Trust’s answer to the tribes’ first amended complaint in the lawsuit discussed below. Click here for the seconded amended complaint of the Choctaw and Chickasaw nations. The city water trust has until Feb. 21 to file an answer. ***** They call them “The Essentials,” seven points [...]
Tags: Bill Anoatubby·Chickasaw Nation·Choctaw Nation·Greg Pyle·lawsuit·Marie Price·Oklahoma City Water Utilities Trust·Sardia Lake·water rights
">Quality Jobs program details mid-year successes
January 27th, 2012 · No Comments · Executive Branch
It is one of the programs frequently lifted up as a standard for other incentive systems to follow, and Friday officials who oversee the Quality Jobs program released a mid-year report highlighting its successes over the past six months. December saw more program participants than any single month in Quality Jobs’ 19-year history, with FY [...]