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Steve Lewis served as Speaker of the Oklahoma House of Representatives from 1989-1991. He currently practices law in Tulsa and represents clients at the Capitol. You can sign up on his website to receive the Capitol Updates newsletter by email.…
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By:
Gene Perry
March 24, 2016 // Updated: May 2, 2019
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Many Americans have reason to celebrate when gas prices drop. In states that aren’t as dependent on the oil and gas industry for jobs and tax revenues, low prices can help the finances of regular families and boost the economy…
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By:
Guest
March 23, 2016 // Updated: May 2, 2019
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Erin Taylor, PhD, is a mother to five children and a disability advocate.
This year I will receive my lavish savings from Oklahoma’s latest tax cut. It’s likely in the vicinity of $90. What I did not receive, thanks to…
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Steve Lewis served as Speaker of the Oklahoma House of Representatives from 1989-1991. He currently practices law in Tulsa and represents clients at the Capitol. You can sign up on his website to receive the Capitol Updates newsletter by email.…
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Among her proposals to address the state’s enormous budget hole in last month’s State of the State address, Governor Mary Fallin called for “sales tax modernization.” Modernization could have several components, including broadening the sales tax to cover more services…
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Steve Lewis served as Speaker of the Oklahoma House of Representatives from 1989-1991. He currently practices law in Tulsa and represents clients at the Capitol. You can sign up on his website to receive the Capitol Updates newsletter by email.…
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By:
Gene Perry
March 7, 2016 // Updated: May 2, 2019
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With the oil and gas industry in freefall and a state budget hole that has grown to $1.3 billion, Oklahoma lawmakers’ best budget scenario this year is to find the least bad among many terrible options. While the federal government…
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Download this fact sheet as a pdf.
The state faces a huge budget shortfall
As a result of revenue collections coming in below projections, mid-year revenue failures were declared in December and February. Agencies were cut by 7 percent of…
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As Oklahoma grapples with a rapid decline in state revenue collections, agency budgets have already been cut once this year, and a second round of even greater cuts has just been announced. Oklahoma’s Rainy Day Fund was designed specifically to…
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In 2004, Oklahoma voters approved State Question 712, which established legal compacts between the state of Oklahoma and Native American tribes to regulate tribal gaming. Under the gaming compacts, tribes contribute over $125 million to the state, which goes almost…
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