"The income tax cut plan now calls for lowering the top income tax rate from 5.25 percent to 5 percent on Jan. 1, 2015. The rate would be cut to 4.85 percent on Jan. 1, 2016, if total revenue growth for the state is equal to or greater than the previous fiscal year."
Republican Governor Mary Fallin and GOP legislative leaders have agreed on proposals to reduce the state's top personal income tax rate, overhaul the workers' compensation system and develop a long-range plan for maintaining state buildings.
Attorneys representing Oklahoma and Texas argued Tarrant v. Herrmann at the U.S. Supreme Court. The case concerns water in the Red River, and experts say it's a regional water fight that could impact national water-sharing agreements. The Supreme Court has released a transcript of today's arguments. The above transcript is preliminary.
House Speaker T.W. Shannon (R-Lawton) says the moratorium is necessary because Oklahoma has raised fees by more than $100 million since 2007. During the recession, it was the easiest way Oklahoma had to raise revenues to fill budget gaps. Increasing taxes in Oklahoma requires a three-fourths supermajority in both houses of the legislature, or a vote of the people.
It's already nearly impossible to raise taxes in Oklahoma. Now, the legislature is poised to ban raising fees for drivers' licenses, state parks and other state services, too. A bill placing a moratorium on fee increases through 2016 has passed both houses of the state legislature.
Humberto Manzano Jr. moves a pallet of goods at an Amazon.com fulfillment center in Phoenix in 2010. Amazon has endorsed a bill making its way through the Senate that would require more online retailers to collect sales tax.
More online retailers would have to collect sales tax under a bill making its way through the U.S. Senate this week. The measure won strong bipartisan backing on a procedural vote Monday, and President Obama has said he would sign it.
The political battle over the bill pits online retailers against brick-and-mortar stores — and, in some cases, against other online sellers.
The Oklahoma House has approved a bill that puts into state law Gov. Mary Fallin's executive order banning smoking on state property.
Fallin signed the executive order against smoking in state buildings last year. The House passed a bill 76-14 Tuesday that would expand the ban to properties that aren't buildings and would allow cities and counties to ban smoking on their properties.
The bill now goes to the governor for her signature.
TULSA, Okla. (AP) - Two state agencies say they only regulate fertilizer manufacturers in Oklahoma if there is a spill or emission, and do not inspect the plants for general safety.
Oklahoma is home to several fertilizer manufacturing plants, including one of the largest of its type in the nation just northeast of Tulsa. Lance Kunneman, fertilizer program administrator for the state Department of Agriculture, Food and Forestry, says the agency's regulatory power over manufacturers is limited to spill response.
Mayor Thomas Menino, who is recovering from a broken leg unrelated to the bombing, watches on as President Obama speaks during an interfaith healing service last week following the Boston Marathon blasts.
Credit Susan Walsh / AP
Tucson Mayor Bob Walkup poses with then-U.S. Rep. Gabrielle Giffords during a Salvation Army fundraiser about a year before she was shot in the head.
Minneapolis Mayor R.T. Rybak and President George W. Bush tour an area near a collapsed interstate bridge, which left 13 people dead in 2007.