As Oklahoma business incentives go, the state’s film production rebate program, currently capped at $5 million per year, is relatively small. However, an effort to expand the cap to $10 million ran into heated debate Wednesday from at least two groups: those who argue it does not require the creation of jobs or other criteria [...]
Entries Tagged as 'sunset'
April 17th, 2013 · No Comments · House
April 1st, 2013 · No Comments · House, Senate
A Senate plan to reduce the state personal income tax from 5.25 percent to 4.75 percent over two years gained only two votes in a House subcommittee Monday evening, with 11 members voting against it.
February 12th, 2013 · No Comments · Senate
Some Oklahoma tax credits have sunset dates, beyond which they expire if not renewed by legislative action. “A lot of them do not,” Sen. Mike Mazzei told the Senate Finance Committee Tuesday. Mazzei, R-Tulsa, said his SB 323 will call for an analytical process to be applied to all tax credits, with extension of those [...]