Monday, September 11, 2023

Gov. Stitt calls Legislature back for special session on tax policy, budget transparency

Continued fallout from the disastrous McGirt Supreme Court decision now has a case before the Oklahoma Supreme Court that could result in tens of thousands of tribal citizens being exempt from the state income tax. Read this from NonDoc: Stroble case asks OK Supreme Court to decide income tax rules on reservations (here's a follow-up article as well). Gov. Stitt is callng a special session to address this potential, as well as exploring tax cuts and increased state budget transparency.


GOVERNOR STITT CALLS FOR SPECIAL SESSION ON TAX FAIRNESS, TAX CUTS FOR ALL OKLAHOMANS AND TRANSPARENCY IN BUDGET PROCESS

OKLAHOMA CITY (September 11, 2023) - Today, Governor Kevin Stitt announced he is calling a special session of the Oklahoma Legislature beginning October 3, 2023, to demand tax fairness for all Oklahomans, deliver a tax cut to Oklahoma taxpayers, and increase transparency in the state budget process.

“We have one job – to serve and protect all four million Oklahomans,” said Governor Stitt.  “I’m calling on the Legislature to fight for Oklahomans and demand fairness and transparency in our tax system and our budget process. I am also calling on the Legislature to put Oklahoma on a path to zero income tax and give Oklahomans a much-needed tax break. If not now, when?”

In the Governor’s call for special session, he called the Legislature to deliver on the following priorities:
  • A trigger law mandating that if a state or federal court finds that some individuals, due to their race, heritage, or political classification, don’t have to pay a state tax, then no Oklahoman will have to pay the tax.
  • A tax cut that puts Oklahoma on the path to zero income taxes. This will keep us in line with surrounding Republican-led states.
  • A measure that increases budget transparency to ensure that Oklahomans and their elected representatives have the ability and opportunity to see how their taxpayer dollars are being spent.
Executive Order 2023-23 can be found here. [or below]


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