Alva Review-Courier -

Judges recommend rebates for utility corporate tax savings

 

January 5, 2018



OKLAHOMA CITY (AP) — Administrative law judges recommended Thursday that five Oklahoma utilities use any savings they receive from new federal corporate tax rates to issue rebates totaling as much as $100 million to their customers, a deputy state attorney general said.

The rulings were handed down following legal arguments before administrative law judges appointed by the Oklahoma Corporation Commission to hear Attorney General Mike Hunter's request that consumer rates be reduced to reflect lower tax rates that went into effect on Monday.

The new law lowers the highest corporate income t...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021

Rendered 05/13/2022 03:22