The Task Force for the Study of Tax Credits and Economic Incentives approved its final report on Wednesday, but opposition has already started.
As we reported yesterday, Oklahoma’s three biggest chambers of commerce recently sent a letter to the task force co-chair arguing against some several of the panel’s key recommendations.
CapitolBeatOK’s Patrick B. McGuigan first reported about the letter, which he shared with StateImpact Oklahoma.
The three chambers disagree with a blanket end of tax credit transferability and any mandate that credits must be explicitly designed to create jobs. The chambers also don’t want any additional layers of examination “outside that of the legislature.”
Click the image to the left to read the letter for yourself.