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Ahead of Tuesday's special legislative session, the deal between Democratic Gov. Laura Kelly and the GOP leaders of the Kansas Senate and House would collapse the personal income tax structure to a two-rate system. Kelly previously vetoed a single-tier flat tax plan, calling it too expensive.
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Despite progress toward reaching a finalized state budget, a rift remains between House and Senate members about whether to pass a state income tax cut. The House has a proposal and is ready to negotiate.
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There’s a sign that Stillwater Mayor Will Joyce points to when telling the story of a full-street reconstruction project right across from city hall.
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Gov. Kevin Stitt signed a bill eliminating the state’s portion of the grocery tax into law Wednesday. Questions around the likelihood of a state income tax cut being next remain.
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The Oklahoma Senate has paved the way for a cut to the state's portion of grocery taxes to become law.
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Gov. Kevin Stitt says he is considering calling lawmakers into another special session on tax cuts early next year.
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The Oklahoma Tax Commission’s rules for the state’s new Parental Choice Tax Credit advanced to the governor’s desk Tuesday after the required public comment period ended.
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In an effort to reach zero carbon emissions by 2050, the Biden administration is offering more tax credits for carbon capture sequestration and utilization. The program once expected to cost $3.2 billion now could exceed $100 billion.
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Oklahoma House Republicans bypassed standard legislative procedure to advance Governor Kevin Stitt’s education plan. The last-minute change ties teacher raises to tax credits for private and homeschool families.
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Democratic Gov. Laura Kelly survived override attempts on several high-profile bills, even as Republicans pushed to reverse her vetoes on other legislation.