Judges recommend rebates for utility corporate tax savings
Share
Tweet
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 tax ra...
For access to this article please
sign in or
subscribe.
Reader Comments(0)