Oklahoma House panel formed to review tax credits

The second panel in two years will look at economic tax credits and incentives. A task force formed last year recommended eliminating transferable tax credits, but the Legislature failed to advance the proposal.

 
BY MICHAEL MCNUTT | Published: July 26, 2012   

Economic tax credits once again will come under scrutiny by a special House panel.

An interim House of Representatives task force that met for five months last year suggested outlawing transferable tax credits and developing criteria for tax credits to meet, but the recommendations failed to advance in the session this year.

Advertisement

Failure to eliminate or reduce the tax credits also helped cripple attempts to lower the state’s personal income tax rate. Four proposals introduced during the session basically called for...
View full article on Oklahoman.com

How do I get Full Access?






Affordable Child Care
Sittercity Can Help You Find Local Child Care Services Today.
Sittercity.com/Child-Care
Au Pair International
May 2013 Promotion. Save $650. Payment Plan for $495 per Month
www.aupairint.com

News Photo Galleriesview all