Budget Briefing: The Tax Credit Task Force is Back, Baby

State House Panel to Continue Probe of Tax Breaks – “A similar committee that met last year recommended the elimination of dozens of tax credits, but bills to overhaul the programs were derailed after fierce resistance from lobbyists working for those that receive the credits.” Associated Press

Oklahoma Water Resources Board Executive Urges Congress to Extend Funding Drought Research – “In testimony before a U.S. House of Representatives committee on Wednesday, Oklahoma Water Resources Board Executive Director J.D. Strong urged Congress to extend funding for drought research and data-gathering.” NewsOK.com

Two Companies Agree to Oklahoma Tax Assessments – “An oil distribution company and a pipeline company have dropped their protests to the value appraised on their Oklahoma properties by state tax officials. The actions free up nearly $150,000 for county services and school districts in four counties.” NewsOK.com