Oklahoma court narrowly upholds auto tax exemption removal
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September 1, 2017
OKLAHOMA CITY (AP) — The Oklahoma Supreme Court on Thursday narrowly upheld the removal of a 1.25 percent sales tax exemption on vehicles sold in Oklahoma, one of several revenue-raising measures adopted by the Oklahoma Legislature earlier this year in an attempt to close an $878 million budget hole.
In a 5-4 decision, justices ruled that legislation adopted by lawmakers during the final week of the 2017 legislative session does not violate strict constitutional guidelines for raising revenue because it did not levy a new tax but merely removed an exemption from an existing tax. The measure is...
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