Fallin, Oklahoma legislative leaders announce trifecta of agreements

9:10 pm
Tue April 23, 2013

Fallin, Oklahoma legislative leaders announce trifecta of agreements

Lead in text: 
"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.