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 Form 501 Oklahoma 1997

1997-2025 Form

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[Music] lawmakers are taking a closer look at the sales tax relief Credit in Oklahoma and how it could be improved Fox 25's page Taylor breaks down what was discussed during an interim study today study focused on modernizing the sales tax relief Credit in Oklahoma currently the amount per person is $40 and it has been that way since 1990 House minority leader Cindy mson introduced a bill during the 2024 legislative session to increase the credit amount for the sales tax relief credit from $40 per person up to $200 per person that bill did not become law but Monson held an interim study Wednesday to look at the issue further the sales tax relief credit was put in place in 1990 so that was 34 years ago and uh we know that so much has changed in our economy and so really looking at okay if we want to figure out ways to provide relief for working people in our state what is it that we can do a speaker with the okay policy Institute says the sales tax relief credit has lost 60% of

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