By Patrick B. McGuigan
Advocates of Oklahoma energy want to retain an oil and gas incentive enacted this past decade to boost drilling and production. Gov. Mary Fallin’s key fiscal adviser, however, called leaving the levy at levels reached under… Read more [More...]
By Matt Trotter
Cutting income taxes. The state’s been here before, and quite recently.
“The [Oklahoma] Supreme Court threw the legislature a lifeline by striking down 2032,” said Oklahoma Policy Institute Director David Blatt at the organization’s budget summit last… Read more [More...]
By Barbara Hoberock
Panelists on Thursday outlined a host of budget challenges facing lawmakers when they return in February to the Capitol to craft a budget.
The Oklahoma Policy Institute, a Tulsa-based think tank, hosted the discussion at the Oklahoma… Read more [More...]
Associated Press
State legislative leaders, agency directors and academics are among those who will be discussing the state’s finances during an upcoming panel discussion.
The Oklahoma Policy Institute is hosting a State Budget Summit Thursday at the Oklahoma History Center.… Read more [More...]
By Matt Trotter
A budget summit in Oklahoma City hosted by the Oklahoma Policy Institute gives a bleak outlook for the state’s short-term and long-term budgets.
Anew legislative session begins in just over two weeks. Lawmakers will head back to… Read more [More...]
Associated Press
Gov. Mary Fallin and House Speaker T.W. Shannon differ on how to tackle several major budget issues, including the use of bonds to pay for infrastructure improvements and a tax incentive for horizontal oil and gas drilling, the… Read more [More...]
By Adam Wilmoth
Oil and natural gas activity in the state has nearly doubled over the past decade and has helped boost jobs, salaries and tax collections statewide, according to a report released Tuesday by the State Chamber.
The report… Read more [More...]
By Ben Felder
A report from the State Chamber of Oklahoma’s Research Foundation on oil and gas policy comes short of making specific recommendations to lawmakers, but it does outline evidence of the benefit of continued tax breaks for the… Read more [More...]
Despite a projected $170 million decline in revenue available for the Legislature to spend on schools, child welfare and other state programs, House Speaker T.W. Shannon wants an income tax cut and a permanent and generous oil and gas drilling… Read more [More...]
By Joe Wertz
Oklahoma House Speaker T.W. Shannon will author legislation to make permanent an oil and gas industry tax break for horizontal drilling.
The incentive lowers gross production taxes from 7 percent to 1 percent for the first 48… Read more [More...]
OKPOLICY.ORG
By Barbara Hoberock
Panelists on Thursday outlined a host of budget challenges facing lawmakers when they return in February to the Capitol to craft a budget.
The Oklahoma Policy Institute, a Tulsa-based think tank, hosted the discussion at the Oklahoma… Read more [More...]
