money, cash
Brian Hardzinski / KGOU

Oklahoma Sending Cash To Companies That Pay No Income Tax

Some state lawmakers are justifying their decision to curtail a tax credit for the working poor by declaring that the state shouldn’t be subsidizing people who owe no income taxes in the first place. But the state has several tax breaks on the books that do essentially the same thing for businesses. Through a combination of direct refunds, rebates and tax credit “transfers,” companies with no income tax liability are receiving cash subsidies. In some cases, the state pays the money to them...
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House Speaker Jeff Hickman, R-Fairview, updates lawmakers Friday about Oklahoma's budget situation one week before the constitionally required end of the 2016 legislative session.
Oklahoma House of Representatives

After weeks of dire warnings about Oklahoma’s budget situation, legislative leaders say they're hopeful that a package of bills moving through the Legislature over the next few days will avert draconian cuts to education, health and other core programs.

But as work continues to bridge the state’s $1.3 billion budget gap for the 2017 fiscal year that begins July 1, it appears many services will not be fully shielded from cost-cutting moves.

State Sen. David Holt, left, and state Rep. John Michael Montgomery in the Oklahoma state Capitol in Oklahoma City Friday.
Samuel Perry / The Journal Record

Every year, state officials earmark some oil and gas revenue for state agency accounts, and deposit the rest into the General Revenue Fund. But there could be a new option if lawmakers create a savings account for the state budget.

Budget Crisis Clips Credit For Oklahoma's Working Poor

May 22, 2016
Tammy Greenman of Oklahoma City uses a bullhorn to ask Gov. Mary Fallin to call off safety net cuts, including partial elimination of the Earned Income Tax Credit.
Warren Vieth / Oklahoma Watch

In their final rush to contend with Oklahoma’s budget crisis, state lawmakers have voted to curtail a tax credit described by advocates as one of the best programs ever devised to help the working poor.

The measure to eliminate the “refundable” portion of Oklahoma’s Earned Income Credit would reduce the income of about 200,000 low-income households by $147 a year on average, according to a recent data study.

May 22, 2016

This is from the Manager's Desk.   

This week, I am recognizing the KGOU and StateImpact Oklahoma staff who have won awards for content. Last February the Oklahoma Association of Broadcasters presented KGOU with two Outstanding Achievement awards for General News and Special Programming.

And recently, the Society of Professional Journalists Oklahoma Pro Chapter presented KGOU seventeen awards and StateImpact Oklahoma nine awards.

Jordan Martin and other developmentally disabled people, along with advocates and caregivers, urged lawmakers to prevent budget cuts at the state Capitol in Oklahoma City Thursday.
Brent Fuchs / The Journal Record

Lawmakers can't seem to decide how to pay for the shortfall in the state budget that begins July 1.

Out of all the measures introduced so far to raise money this year, House members have rejected many of the most lucrative, The Journal Record’s Dale Denwalt reports:

Solar Impulse 2, the experimental plane attempting to circumnavigate the world using only the sun's power, has taken off from Tulsa on the latest leg of its journey.

The team says the flight to Dayton, Ohio — the 12th stage of the journey around the globe — is expected to take 18 hours, landing at approximately 11p.m. local time.

A new sticker designates a gender neutral bathroom at Nathan Hale high school Tuesday, May 17, 2016, in Seattle.
Elaine Thompson / Associated Press

Legislation that would allow students with “deeply held religious beliefs” to use separate restrooms than their transgender peers passed through the Oklahoma Senate’s Joint Committee on Appropriations and Budget on Friday.

Under the measure, a student, parent or legal guardian would need to approach their school board and request the accommodation. No standard would have to be met to recognize the sincerely held religious belief.

Emily Wendler / Oklahoma Public Media Exchange

Four stories that were trending or generated discussion online or on KGOU’s social media platforms during the past week.

Garland Moore

The City of Oklahoma City is going to try to reopen portions of the Northwest Expressway next week after the May Avenue bridge collapsed Thursday afternoon.

Updated May 20, 2015, 1:22 p.m.

Oklahoma City Public Works Director Eric Wenger said a quote this morning indicates it will cost about $55,000 and take months to repair the bridge.

ACLU of Oklahoma Executive Director Ryan Kiesel speaks at the Capitol on May 20, 2016 about the grand jury's findings on the state's execution protocol
Kate Carlton Greer / KGOU

Oklahoma’s top officials say they’re taking time to thoroughly read a scathing 106-page report released Thursday criticizing Oklahoma’s execution protocols.

Gov. Mary Fallin and Department of Corrections Interim Director Joe Allbaugh both released statements acknowledging the 12-member panel of the multicounty grand jury and the process of reviewing capital punishment procedures.

“It is imperative that Oklahoma be able to manage the execution process properly,” Fallin said in a statement Thursday.

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