Similar Stories to Oklahoma Lawmakers Work On Sales Tax Bills on Bing News

By Randy Ellis Staff Writer rellis@oklahoman.comBills imposing a $1.50 per pack cessation fee on cigarette sales and a 1.25 percent sales tax on motor vehicle sales were being cobbled together by state lawmakers Tuesday night as they continued to look for ways to fill a $878 million budget hole. State lawmakers have been talking for months about levying a $1.50 per pack tax on cigarette sales, but have been unable to gather enough votes to pass the measure in the House. By making the revenue-generating measure a fee rather than a tax, legislative leaders believe only a majority vote would be needed for passage rather than a three-fourths supermajority. Efforts to avoid the three-fourths majority vote requirement also are behind the decision to turn to a 1.25 percent state sales tax on motor vehicle sales. Oklahomans currently pay an excise tax on motor vehicle purchases but are specifically exempt from paying a sales tax. Jon Echols, an attorney and House majority floor leader, said an examination of prior court decisions has led legislative leaders to believe that lawmakers can remove an exemption without triggering the three-votes vote required for a new tax. "According to the Supreme Court jurisprudence we have so far, restoring a tax rate doesn't require a three-fourths vote," said Echols, R-Oklahoma City.Read more on NewsOK.com

Topics:  randy ellis staff writer   state   efforts   oklahomans   jon echols   supreme court   echols   r-oklahoma   city   newsok   house   lawmakers   bills   sales tax   vote   majority   three-fourths   vehicle   motor   percent   fee   measure   pack   cigarette   legislative   leaders   
BING NEWS:
  • How a Chiefs-only sales tax question could work this year
    If Jackson County leaders want to push a Chiefs-only sales tax question on the November ballot, they may be able to, but not using the same tax they tried in April.
    05/2/2024 - 12:25 pm | View Link
  • Kansas lawmakers end session, but Laura Kelly vows to veto tax cuts and call special session
    With bipartisan support, Kansas lawmakers passed a new tax cut plan on the last day of session. But Gov. Laura Kelly is promising to veto it.
    04/30/2024 - 10:22 pm | View Link
  • 'Very close': Oklahoma House, Senate continue working on state budget agreement
    McCall and Gov. Kevin Stitt have been pushing for a cut in the state’s 4.75% income tax. The Senate, however, has been steadfastly opposed.
    04/30/2024 - 9:39 am | View Link
  • Oklahoma state budget deal close, House leader says
    OKLAHOMA CITY — House Speaker Charles McCall on Monday said he hopes to get a state budget agreement this week. “I think we are very close,” McCall, R-Atoka said. But the House and Senate do not have ...
    04/30/2024 - 5:28 am | View Link
  • The Tax Cuts and Jobs Act Failed To Deliver Promised Benefits
    Benefits of the business tax changes in Trump’s 2017 tax bill were costly and did not trickle down to workers and families.
    04/30/2024 - 2:00 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News