The Latest: Oklahoma Senate OKs $510 million in tax revenue
May 14, 2017
OKLAHOMA CITY (AP) — The Latest on the Oklahoma Legislature's efforts to fill an estimated $878 million hole in the budget (all times local):
Oklahoma Senate Republicans have passed a revenue bill to generate an estimated more than $500 million through a combination of cigarette and fuel tax increases and the elimination of energy industry tax incentives.
The GOP-controlled Senate voted 36-9 on Monday for the bill with 36 votes needed to meet the three-fourths threshold required for a tax increase to pass. Three Republicans and all six Democrats voted against the bill.