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Oklahoma House passes bill to phase out corporate income tax

After eliminating the sales tax on groceries, Senate President Pro Tem Greg Treat, R-Oklahoma City, said his caucus would not "entertain" any more revenue-reducing legislation this session. ....

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Oklahoma Tax Commission Approves Rules for School Choice Tax Credits

Rules to implement the state’s new school choice tax credits advanced Tuesday, though questions about the program’s accessibility still persist at the state Capitol. Gov. Kevin Stitt now has 45 days to OK the rules after the Oklahoma Tax Commission voted unanimously to approve them. The regulations are automatically rejected if the governor doesn’t act. […] ....

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