Alva Review-Courier -

Key revenue bills Oklahoma lawmakers passed for 2018 budget

 


OKLAHOMA CITY (AP) — Following are some of the key revenue bills that helped lawmakers balance the budget for the fiscal year that begins July 1 and avoid major cuts to state agency budgets.

SB842 — appropriates $60 million from the constitutional Rainy Day Reserve Fund to the state Board of Education for public schools.

SB845 — generates about $258 million by creating a cessation fee on cigarettes that assesses a fee of $1.50 per pack of cigarettes to be paid by the wholesaler.

SB867 — generates about $9 million through expanding the use of long-lateral drilling of oil and natural...



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