New gas, cigarette tax rates go into effect in Oklahoma
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July 5, 2018
TULSA, Okla. (AP) — July marks the beginning of several Oklahoma tax hikes to raise more than $400 million for teacher salaries and other budget priorities.
Drivers have begun paying an extra 3 cents per gallon on gas and 6 cents on diesel fuel as of Sunday. The motor fuel taxes are expected to bring in $105 million during the budget year that began this month. The money will go into the state's general revenue fund, which allowed lawmakers to make appropriations based on collections expects over the next year.
The tax hikes are the result of months of negotiations that resulted in two special...
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