By Randy Ellis, Capitol BureauA bill cutting Oklahoma’s top income tax rate by 0.25 percent was approved by the state House of Representatives on Wednesday and is on its way to the governor. The House vote was 54-40. The tax cut measure, which is conditional on improvements to state revenues, would cut Oklahoma’s top income tax rate from 5.25 percent to 5 percent once certified projections for the state’s general revenue fund get back to where they were when the Legislature approved a tax cut last year. The earlier tax cut bill was struck down by the Oklahoma Supreme Court because it covered more than one topic. The earliest the new tax cut could take place is the 2016 tax year.Read more on NewsOK.com
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Wed, 04/23/2014 - 11:13am
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- Legislature approves tax cut package, Governor says she will veto
Share on Facebook Share on Twitter The Kansas Legislature adjourned on Tuesday after approving a new tax cut package. The new proposal is a slight modification of the previous plan that Governor Laura ...
05/1/2024 - 2:37 am | View Link - Kansas Legislature adopts $2.3 billion, 5-year tax cut despite bipartisan forecast of veto
There is a bipartisan sense in Kansas Legislature that Gov. Laura Kelly will veto new tax cut package, which would prompt calls for a special session. The post Kansas Legislature adopts $2.3 billion, ...
04/30/2024 - 9:34 pm | View Link - Kansas Gov. Laura Kelly prevails in tax cut showdown as veto override fails by one vote
Supporters of a wide-ranging tax cut package failed to override Gov. Laura Kelly’s veto after Sen. Dennis Pyle, who originally voted in favor of the bill, voted against the override.
04/29/2024 - 11:00 am | View Link - Kansas House overrides governor’s veto of tax cut bills despite gloomy five-year forecast
House members voted to override Gov. Laura Kelly’s vetoes of income, property and sales tax cuts that would lower state revenue by about $520 million per year.
04/26/2024 - 11:41 am | View Link - Bipartisan supermajority in Kansas House overrides Laura Kelly's veto of big tax cut plan
All Republicans and most Democrats in the Kansas House voted to override Gov. Laura Kelly's veto of a bill cutting income, property and sales taxes.
04/26/2024 - 6:54 am | View Link - More
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