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January 20, 2014

Legislature to consider 2,000-plus measures in 2014

OKLAHOMA CITY — Oklahoma legislators will have more than 2,000 bills and resolutions waiting for them when they open their session Feb. 3, including another attempt to lower the state’s income tax and efforts to restructure pay for state employees and retirees.

When last week’s bill-filing deadline passed, senators had put forward 976 proposals, plus 35 joint resolutions. House members filed 1,197 bills and 23 regsolutions. Appropriations bills are handled separately.

Gov. Mary Fallin, who intends to seek a second four-year term this year, said she wants to work on job creation, improving the state’s economy and eliminating government waste.

“Unlike Washington, Oklahoma lawmakers have a great track record of working together to help our families and businesses,” Fallin said.

Senate President Pro Tem Brian Bingman, R-Sapulpa, said his focus in 2014 will also be creating jobs and growing Oklahoma’s economy.

“Of course, the overriding issue will be working with legislative and state leaders to ensure we balance our budget in a fiscally responsible way. I am confident we are up to the challenge,” Bingman said in a statement.

Republican lawmakers in the House and Senate have filed tax cut legislation that would lower Oklahoma’s individual income tax rate to 4 percent within four years.

Last year, lawmakers passed a plan to lower the individual income tax rate to 5 percent, but that legislation was struck down by the Oklahoma Supreme Court. The state’s top income tax rate is currently 5.25 percent.

Sen. David Holt, R-Oklahoma City, author of the Senate tax cut bill, said the state is in an income tax dilemma as it lies between Texas, which has no income tax, and Kansas, which has lowered its rate below Oklahoma’s.

“Economic growth and principles of a limited government continue to be held back by our relatively high income tax rate,” Holt said.

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