Oklahoma

Economy, Energy, Natural Resources: Policy to People

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Attorney Asks Oklahoma Supreme Court to Dismiss His Challenge to Oil and Gas Law

An Oklahoma City attorney who challenged the constitutionality of a bill that changed the effective tax rate levied on oil and gas drillers asked the Oklahoma Supreme Court on Monday to dismiss his lawsuit. From The Oklahoman‘s Rick Green: Jerry Fent, of Oklahoma City, told the court that “upon further consideration and for the benefit [...]

Inside the State Supreme Court Hearing on Lawsuit Over Oil and Gas Tax Rate

A lawsuit over recently signed legislation that changes state oil and gas tax rates will be heard by the Oklahoma Supreme Court today, a constitutional challenge that could have broad impact on industry and legislative procedure. I broke down the lawsuit on an Oklahoma News Report segment with OETA’s Dick Pryor, which you can watch [...]

StateImpact on OETA: Possible Lawsuit Over Recently Signed Drilling Incentive

I was on Oklahoma News Report last week to discuss the controversial tax incentive for oil and gas drilling, which Gov. Mary Fallin signed on May 28. The bill is likely to draw a legal challenge from an Oklahoma City attorney, who says it’s a “revenue bill” that was passed without some of the legislative [...]

Gov. Mary Fallin Signs Controversial Tax Incentive for New Oil and Gas Wells

Gov. Mary Fallin on Wednesday signed a bill that makes permanent a generous tax incentive for new oil and gas drilling. The controversial measure, House Bill 2562, was forged as lawmakers and energy company executives debated the appropriate tax rate for the industry, which drives much of the state’s economy. Oil and gas groups lobbied [...]

Oklahoma Legislature Passes Controversial Tax Incentive for New Oil and Gas Wells

The  Oklahoma Legislature on Thursday approved a bill that makes permanent a generous tax incentive for oil and gas production. The votes followed a heated debate at the Capitol, and months of disagreement between lawmakers, industry lobbyists and energy executives, which are divided on the measure. The bill’s approval was decried by opponents, like the [...]

The Legacy and Challenges of a State Question That Shapes Bills Decades Later

When the 2014 legislative session starts Feb. 3, state lawmakers will face more than 2,000 bills and resolutions, and are expected to have $170 million less to spend than last year. They will also be confronted by agency heads, most of which will argue, publicly, for more money. Many of the bills under consideration this [...]

Most County Commissioners Expected to Support Rock and Gravel Tax Proposal

An Oklahoma gravel pit.

Lawmakers in limestone-rich south-central Oklahoma have, for years, pushed for a new tax on companies mining for rock and sand. Those efforts have failed, but the fight will be revived in the 2014 legislative session. Johnston County Commissioners have formally endorsed an organization that will lobby for a tax on sand, silica, gravel and other [...]

Three Reasons Oklahoma’s Income Tax Cut Plan Failed

Income Tax

After months of debate, discussion and rancor from lawmakers, business leaders and think-tank activists, the state legislative session will close today without an income tax cut. Cutting the personal income tax was a top priority for Gov. Mary Fallin and Republican legislators. More than a half-dozen income tax-cutting measures were filed. Some contained immediate reductions; [...]

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