Key terms to understand Oklahoma politics and government.
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 does… 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 the 2017 special session (HB 1010xx), oil and… Read more
The Health Care Enhancement Fund was created by HB 1016xx in the 2017-18 second special session. Beginning July 1, 2019, all revenues from the $1 per-pack increase in the cigarette tax passed under HB 1010xx will be deposited in the… 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 most Americans carry health insurance or pay a tax penalty. The… Read more
The Individuals with Disabilities Education Act (IDEA) is a federal law that governs how states provide special education to children with disabilities. IDEA was originally enacted by Congress in 1975 as the Education for Handicapped Children Act, and the most recent changes… Read more
Oklahoma citizens have the right to initiate statewide legislation via ballot measures, or State Questions, in the form of either statutory or constitutional amendments.
After an initiative petition is drafted, it goes through a lengthy process which can include various… Read more
Interim studies are studies of legislative and policy issues that may be requested by any member of the House or Senate. They often address issues that have been the subject of legislation that failed to pass in previous sessions, or… Read more
The Investment/New Job tax credit is a credit allowed on Oklahoma income tax. The credit can be claimed either on an investment in depreciable property or on the addition of full-time-equivalent employees engaged in manufacturing, processing, or aircraft maintenance.
The… Read more