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The State levies a gross production tax on the removal of natural products from Oklahoma's land or water. The gross production tax was established in 1910 to tax the extraction of natural gas and oil. With the elimination of State-level property taxation, the gross production tax began an important source of State revenue.
The state of Oklahoma historically had civil townships.On August 5, 1913, voters passed the Oklahoma Township Amendment, also known as State Question 58. [1] This allowed the creation or abolishment of townships on a county by county basis; by the mid-1930s, all Oklahoma counties had voted to abolish them. [2]
Little, if any, of the program’s $150 million budget would be left over if all 30,000 applicants qualify for even the lowest tax credit amount. More than 30,000 applied for Oklahoma's private ...
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The Oklahoma Tax Commission has approved emergency rules to implement the state’s new school choice tax credits. Oklahoma sets rules for parents seeking private school tuition tax credits: What ...
The Tax Credit Assistance Program (TCAP) is a Federal housing grant program administered by HUD which assists Low Income Housing Tax Credit (LIHTC) projects funded during 2007, 2008 and 2009. The TCAP program is part of the American Recovery and Reinvestment Act which was signed by President Obama on February 17, 2009.
Oklahoma Almanac. (accessed February 11, 2007) Oklahoma Historical Society. Chronicles of Oklahoma. (accessed February 11, 2007) Oklahoma State Department of Education. "School Districts Database" (accessed February 11, 2007) Shirk, George H. Oklahoma Place Names. Norman: University of Oklahoma Press, 1987: ISBN 0-8061-2028-2. Supreme Court of ...
Starting Thursday, Oklahomans will see lower taxes on their grocery bills. Here's what to know about the changes.