Recent Articles

Lawmakers pushing another unproven tax break with no idea what it will cost

There’s lots of talk at the Capitol this year about the need for greater scrutiny and control of tax incentives. As we’ve discussed, bills authored by the House Speaker and Senate Pro Tem would evaluate all incentives on a regular… Read more [More...]

This nonsensical ‘double dipping’ tax break is costing Oklahoma millions

As Oklahoma faces a more than $600 million budget hole, state leaders have consistently said that “all options should be on the table.” With state services already straining from years of repeated cuts and flat funding, a balanced approach to… Read more [More...]

Education vies for funding down the road

How do you boost support for education in a year when the state faces a massive budget shortfall? Several bills to provide teacher pay raises have gained initial committee approval, but these bills are unlikely to make it into law… Read more [More...]

Motor fuels tax

Oklahoma levies excise taxes on gasoline and diesel of $0.20 per gallon. HB 1010xx in 2018 raised the fuel tax on gasoline by $0.03 per gallon and on diesel by $0.06. Fuel used by governments and Indian tribes is exempt… Read more [More...]

ROADS Fund

The Rebuilding Oklahoma Access and Driver Safety (ROADS) Fund is a fund of the Oklahoma Department of Transportation (ODOT) that was created by the Legislature in 2005 to ensure dedicated revenue for the maintenance and repair of state highway and… Read more [More...]

Proposal aims to get a grip on Oklahoma’s business tax breaks

Oklahoma’s more than 70 business incentives are one of the primary ways the state attempts to create jobs and encourage businesses to locate and expand in Oklahoma. These tax credits, tax exemptions, and cash rebates also have a significant cost.… Read more [More...]

Budget Trends and Outlook – March 2015

Oklahoma faces a giant budget shortfall for the coming year, the result of both slumping energy prices and policy decisions that have dampened revenue collections and increased off-the-top allocations. Our Budget Trends and Outlook fact sheet explains the budget situation… Read more [More...]

Rainy Day Fund 101

With the state now facing a massive budget shortfall, attention has turned to tapping the Rainy Day Fund to close a portion of the gap. This post gives an overview of the Rainy Day Fund and how it might be… Read more [More...]

Oklahoma’s Promise (OHLAP)

The Oklahoma Higher Learning Access Program (OHLAP), also known as Oklahoma’s Promise, is an early commitment financial aid program that covers tuition and other college costs for certain Oklahoma students. Oklahoma’s Promise is open to students attending public or private… Read more [More...]

Federal Poverty Level

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 [More...]