Committee Passes Oklahoma Income Tax Cut - KTUL.com - Tulsa, Oklahoma - News, Weather & Sports

Committee Passes Oklahoma Income Tax Cut

Posted: Updated:
Associated Press

OKLAHOMA CITY (AP) - A House committee has approved legislation that authorizes a cut in the state's top personal income tax rate once revenue collections by the state increase.

The House Appropriations and Budget Committee voted 15-10 for the Senate-passed bill Wednesday and sent it to the full House for debate and a vote. The House has approved a separate tax-cut bill that also has a trigger tied to revenue growth. Gov. Mary Fallin has been pressing for an income tax cut for three years.

The measure approved Wednesday would cut the top rate from 5.25 percent to 5 percent once certified collections to Oklahoma's General Revenue Fund increase.

Opponents questioned whether the state can afford to cut taxes when it is facing a $185 million revenue shortfall.

  • Top Videos

  • NewsMore>>

  • Moving On After Gateway Market

    Moving On After Gateway Market

    With the grocery store at Pine and Peoria no more, area residents and retailers are reflecting on the impact of Gateway's closing."Yeah I used to shop there all the time," said Ezra Alexander.With bags hanging from his bicycle, Ezra is still getting use to the new, longer commute for groceries."It'd be a lot easier you know I make trips for my mother out here over on Pine and Madison here," he said.Also getting adjusted to Gateway's absence is Anntinette Aldredge, who works right next door at...More >>
    With the grocery store at Pine and Peoria no more, area residents and retailers are reflecting on the impact of Gateway's closing."Yeah I used to shop there all the time," said Ezra Alexander.With bags hanging from his bicycle, Ezra is still getting use to the new, longer commute for groceries."It'd be a lot easier you know I make trips for my mother out here over on Pine and Madison here," he said.Also getting adjusted to Gateway's absence is Anntinette Aldredge, who works right next door at...More >>
  • Seminole Co. Woman Reported Missing Under Suspicious Circumstances

    Seminole Co. Woman Reported Missing Under Suspicious Circumstances

    Seminole County Sheriff's Office has issued an alert for a missing woman. 42-year-old Kendra Leann Campbell was last seen on Wednesday around 1:40 p.m. Campbell lives north of Seminole City, but is originally from Tahlequah and frequently goes back to visit. Sheriff's deputies believe the circumstances of her disappearance to be suspicious. She was last seen wearing a black shirt, blue jeans and sandals.Anyone with information is asked to call the Seminole County Sheriff's Office at 405-257-5...More >>
    Seminole County Sheriff's Office has issued an alert for a missing woman. 42-year-old Kendra Leann Campbell was last seen on Wednesday around 1:40 p.m. Campbell lives north of Seminole City, but is originally from Tahlequah and frequently goes back to visit. Sheriff's deputies believe the circumstances of her disappearance to be suspicious. She was last seen wearing a black shirt, blue jeans and sandals.Anyone with information is asked to call the Seminole County Sheriff's Office at 405-257-5...More >>
  • 'Luminous Objects' Exhibit Lights Up First Friday Art Crawl

    'Luminous Objects' Exhibit Lights Up First Friday Art Crawl

    First Friday Art Crawl is lit up with an illuminating new gallery at the Living Arts space in the Brady District today. 'Chandelier Other Luminous Objects' was the artistic challenge placed before contemporary Oklahoma artists two years ago. The overwhelming support and intrigued art lovers brought the challenge back for the Brady Arts District art crawl.Three dozen chandeliers are featured at the exhibit, including floor and wall installed artworks.Geoffrey Simpson, a local artist who works...More >>
    First Friday Art Crawl is lit up with an illuminating new gallery at the Living Arts space in the Brady District today. 'Chandelier Other Luminous Objects' was the artistic challenge placed before contemporary Oklahoma artists two years ago. The overwhelming support and intrigued art lovers brought the challenge back for the Brady Arts District art crawl.Three dozen chandeliers are featured at the exhibit, including floor and wall installed artworks.Geoffrey Simpson, a local artist who works...More >>

Most Popular

Stories
Videos
loading...
Powered by WorldNow

P.O. Box 8 Tulsa, OK 74101-0008

Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and KTUL. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.