Will the $507.6 million tax increase be repealed?

Posted on: 6/13/18

The Oklahoma Supreme Court heard arguments Monday on two lawsuits to stop the effort to repeal HB 1010xx, the historic tax increase passed by the Legislature with a supermajority – the first tax increase to pass since voters approved SQ 640 in 1992. The Oklahoma Supreme Court is expected to rule soon.

Oklahoma Taxpayers Unite has until July 18 to gather 42,000 signatures of registered voters to place the repeal of the tax bill on a statewide ballot. The challenges to the “repeal” were initiated by education groups as a large portion of the new funding will go to education. However, the $1 increase per pack cigarette tax is dedicated to health care in the second year, unless the bill is repealed. The increase in the cigarette tax is included with other tax measures in HB 1010xx.  For more information, click here. (Lynne White)

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