Key terms to understand Oklahoma politics and government.
The federal poverty level (FPL) is a measure of income issued annually by the Department of Health and Human Services that is used to determine eligibility for various public programs and benefits, including Medicaid, health insurance premium tax credits, the… Read more
A fiscal year (usually abbreviated ‘FY’) is the period used for calculating annual budgets. The state of Oklahoma’s fiscal year runs from July 1 to June 30. Each fiscal year is named after the calendar year that it ends in.… Read more
Food security is defined as “ready availability of nutritionally adequate and safe foods.” The measure was introduced by the U.S. Census Bureau in 1996 to assess households’ ability to consistently obtain three nutritionally adequate meals a day. Households can be… Read more
Federally-qualified health centers (FQHCs) are community health centers that meet certain qualifications and are thus eligible for certain grants. FQHCs must serve an underserved area or population, offer a sliding fee scale, provide comprehensive services, have an ongoing quality assurance… Read more
Oklahoma levies a franchise tax on all corporations or associations doing business in the state. Corporations are taxed $1.25 for each $1,000 of capital invested or otherwise used in Oklahoma up to a maximum levy of $20,000 (foreign corporations are… Read more
The General Appropriations (GA) bill is an annual bill approved by the legislature that funds the ongoing operations of state agencies for the next budget year.
The GA bill has two features that distinguish it from other legislation: (1) It… Read more
The General Revenue (GR) Fund is the principal funding source for most Oklahoma government operations. Any revenue that is not restricted for a specific purpose flows into the general fund. The Legislature may direct money out of this fund for… Read more
The gross production tax, or severance tax, is a value-based tax levied at a basic rate of 7 percent upon the production of oil and gas in Oklahoma. Under legislation approved in 2014 (HB 2562), effective July 1, 2015, oil… Read more
House Bill 1017, the Education Reform Act of 1990, was landmark legislation that funded a broad range of education initiatives through increased taxes. The Legislature appropriated more than $560 million over five years to implement a wide range of reform… Read more
An individual mandate is a requirement that all persons procure a particular good or service. In health care, it refers to the requirement within the Affordable Care Act that all Americans (with some exceptions) be covered by health insurance. The… Read more