Articles
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Budget & Tax
Appropriation-estimate process to face scrutiny
A state board that establishes how much money lawmakers can appropriate each year will be an initial target of investigation for the Legislative Office of Fiscal Transparency (LOFT).Ray Carter | August 13, 2020
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Budget & Tax
Revenue collections fall, but still exceed 2018 levels
June 30, 2020, marked the end of fiscal year 2020. Data from the Office of the State Treasurer show that the last few tumultuous months severely impacted revenue collections for the state.Curtis Shelton | August 10, 2020
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Budget & Tax
Stitt opposes additional federal bailouts for states
Members of Congress are currently debating whether to provide another round of federal bailout money to state governments in response to the COVID-19 recession.Ray Carter | August 6, 2020
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Budget & Tax
McGirt decision could upend regulations, taxes
A recent U.S. Supreme Court ruling that reestablished Indian reservations in Oklahoma is creating broad uncertainty and threatens to result in regulatory chaos that will drive businesses away from the state, according to state leaders.Ray Carter | August 6, 2020
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Budget & Tax
Tax collections raise concern about budget gamble
The Republican-controlled Legislature wanted to drain most state government savings and leave little in reserve for next year, while Gov. Kevin Stitt called for reining in spending to preserve greater savings for next year.Ray Carter | August 5, 2020
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Budget & Tax
OCPA comment on compact ruling
Jonathan Small, president of the Oklahoma Council of Public Affairs, issued the following statement today in response to a judge’s declaration that a little-known, unelected state agency triggered auto-renewal of casino gaming compacts for another 15 years.Staff | July 28, 2020
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Budget & Tax
Judge rules little-known commission renewed gaming compacts
A federal judge has ruled state-tribal gaming compacts auto-renewed for 15 years due to the actions of a little-known state commission dominated by appointees of former Gov. Mary Fallin.Ray Carter | July 28, 2020
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Budget & Tax
Oklahoma legislature voted for Hollywood handouts
Even as Oklahoma was struggling with the economic impact of the COVID-19 shutdown and the decline in the oil and gas industry, the legislature this year sought to give more handouts to the film industry.Curtis Shelton | July 27, 2020
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Budget & Tax
State has ‘significant work’ ahead on gaming compacts
The Oklahoma Supreme Court has struck down casino gaming compacts negotiated by Gov. Kevin Stitt with two tribes, ruling the governor exceeded his authority by including sports betting in the compact agreements.Ray Carter | July 24, 2020
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Budget & Tax
Voters ousting lawmakers who support tax hikes
When lawmakers reconvene in 2021, tax increases could be a topic of legislative debate again.Ray Carter | July 1, 2020