Oklahoma's 12-month gross receipt collection saw an upswing in September, outpacing September of last year's 12-month revenue.
Oklahoma's state treasure says a slowing economy caused Oklahoma to experience a decline in gross receipt totals in August.
The State Chamber Research Foundation's (SCRF) annual RIED Report was released Wednesday, and it shows that Oklahoma legislators did not hinder economic and business growth during the recent legislative session.
Gross receipts to the Oklahoma State Treasury were down in July because of lower oil and gas collections, according to State Treasurer Todd Russ.
Oklahoma Attorney General Gentner Drummond is leading a coalition comprised of state attorneys general in opposition to the Federal Deposit Insurance Corporation (FDIC) allegedly bailing out depositors of two major banks that collapsed earlier this year.
The Oklahoma Senate Finance Committee met Monday and passed several bills that are crucial to reshaping Oklahoma's tax system.
A bill that allows Oklahomans to pay their ad valorem taxes in numerous installment prepayments passed the Oklahoma House of Representatives.
State officials and banking leaders are reassuring Oklahomans that the Sooner State is not at risk of financial catastrophe following the collapse of the Silicon Valley Bank, which caused widespread concern among banking clientele across the nation.
Oklahoma is becoming more tax competitive, having risen in the Tax Foundation's national ranking.
A bill to eliminate the state's franchise tax passed an Oklahoma House of Representatives subcommittee.
