NewsLocal News


Oklahoma lawmakers pass sweeping package of tax hikes

Posted at 5:06 PM, Feb 08, 2018
and last updated 2018-02-08 18:06:14-05

OKLAHOMA CITY (AP) -- A sweeping package of tax hikes on tobacco, motor fuel and oil, natural gas and wind production that would generate nearly $600 million to fund a teacher pay raise has cleared two key Oklahoma legislative committees.

Special budget committees in the House and Senate each passed House Bill 1033 on Thursday, setting up potential final votes in the House and Senate early next week. Because it raises taxes, passage will require a three-fourth's vote in each chamber. It passed the House committee 21-5 and the Senate panel 10-2.

Democrats have raised concerns about the new tax on wind energy and a companion bill that makes several changes to the individual income tax rates.

The bills are a key part of the "Step Up Oklahoma " plan endorsed by state business leaders.

Stay in touch with us anytime, anywhere.

Download our free app for Apple and Android and Kindle devices.

Sign up for newsletters emailed to your inbox. Select from these options: Breaking News, Severe Weather, School Closings, Daily Headlines and Daily Forecasts.

Follow us on Twitter

Like us on Facebook