Bill Watch: Quieter year expected on the tax front

Some of the fiercest battles of recent legislative sessions have centered on tax policy as lawmakers debated competing tax proposals to limit funding cuts and provide teachers a raise. This year, thanks to a strong economy and recent tax increases, the state's budget outlook is greatly improved. Yet even if the stakes are lower, lawmakers still filed hundreds of bills this session that would revise Oklahoma's tax system. [More...]

Court ruling gives Oklahoma the chance to fully fix online tax problem

As online commerce has grown into an ever-increasing share of the U.S. economy, Oklahoma and other states have struggled with the problem of lost tax revenue from untaxed sales. A major Supreme Court ruling this past June, combined with actions… Read more [More...]

Oklahoma makes progress on collecting taxes from online sales

This session has seen the Oklahoma Legislature take a couple of important steps towards addressing the problem of untaxed online sales. These bills and reforms from earlier sessions are moving Oklahoma closer to an even playing field when it comes… Read more [More...]

Oklahoma taxes are the lowest in our region, and falling

This week the Oklahoma Department of Mental Health and Substance Abuse Services began alerting care providers that they will have to shut down the state’s entire outpatient behavioral health system, with just a few exceptions, if lawmakers don’t find ways… Read more [More...]

Taxing services shouldn’t be all or nothing

A centerpiece of Gov. Mary Fallin’s FY 2018 Executive Budget is her proposal to expand the sales tax base on services. As she explained in her State of the State address: “As the economy in the United States has shifted… Read more [More...]

Sales tax holiday is poor policy

This weekend, many Oklahomans will flock to the stores to take advantage of the state’s annual three-day sales tax holiday weekend. Since 2007, shoppers are allowed to buy clothing items under $100 free of state and local sales tax during… Read more [More...]

The down low on taxing downloads

One of the recurring revenue options that Gov. Mary Fallin laid out in her FY 2017 Executive Budget involved “modernizing the sales tax.” This was presented as something of a catch-all category described as “keeping the same low rates and… Read more [More...]

Is this the year Oklahoma takes action to stop losing millions in unpaid online sales taxes?

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… Read more [More...]

Should Oklahoma broaden the sales tax to more services?

As part of her effort to close the state’s budget shortfall and avoid devastating cuts, Gov. Mary Fallin has proposed $910.5 million in additional revenues in her FY 2017 Executive Budget. The largest revenue item involves changes to the sales… Read more [More...]

Tobacco tax revenue declined last year. Here’s why that’s mostly good news.

In 2004, Oklahoma voters approved SQ 713, which increased the excise tax on cigarettes and other tobacco products while eliminating the state and local sales tax on these products. The new revenues from the increased taxes were dedicated to a… Read more [More...]