Senate approves plan to close loophole
The Oklahoma Senate on Thursday unanimously passed a bill designed to plug a tax credit loophole that could cost the state hundreds of millions of dollars if left unchecked.
The House of Representatives is expected to consider the bill today.
"Everybody has worked real hard to get these loopholes plugged," said state Sen. Ted Fisher, D-Sapulpa . "Tax Commission officials wrote the bill, and they say this wi...
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