In the final days, legislators approved three key revenue bills, saying they passed muster with the state constitution. But lawmakers’ earlier comments may put those bills at risk of being overturned in court, which would throw the state back into a budget crisis.
ByTrevor Brown, Jennifer Palmer, Mollie Bryant and Warren Vieth |
In one of the wildest sessions in recent memory, the state Legislature passed its 2018 budget and adjourned. The budget, which Gov. Mary Fallin is expected to sign, will have real-life ramifications for just about every state agency.
A state oversight panel voted Tuesday to retain 10 business incentives after its consultants rescinded a recommendation to repeal one of them and the state commerce secretary intervened to rescue another.
Consultants hired by the state have recommended curtailing a big tax break for wind-power electric generating plants and repealing smaller incentives for movies made in Oklahoma and industrial access roads.
Millions of dollars will be spent in the coming months in an effort to convince Oklahomans to vote for or against the education sales tax. What voters don’t know is where the money being spent is coming from.
Below-market property valuations and constitutional caps on tax increases are depriving Oklahoma schools, counties and cities of tens of millions of dollars in annual revenue, according to a recent data study.