oklahoma budget crisis News

Oklahoma Lawmaker Proposes Changes to Personal, Corporate Income Taxes

Oklahoma State Rep. Jason Dunnington has filed legislation that he says would generate more than $500 million in recurring revenue. Oklahoma is facing severe budget constraints, partly due to reduced energy industry activity in the state. Dunnington’s proposed measure would …

Oklahoma Insurance Commissioner: Department Can Fund Itself

Oklahoma Insurance Commissioner John D. Doak has requested that the Oklahoma Insurance Department (OID) no longer receive appropriated funds from the state. He said his office as the has the ability to function on the licensing fees it collects. With …