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House Takes Back Hundreds From Each Working Lower Income Parent, But Restores $25 Million In Tax Breaks To Oil Companies

5/20/2016

Comments

 
  In the wee hours of Friday morning, the Oklahoma House stayed up late to abolish a tax policy which former governor Frank Keating fought hard for. The Earned Income Credit has been a way of helping the lower income parents to transition off of government assistance and back to self reliance. But to get the Earned Income Credit, a parent has to hold down a taxpaying job. 

  But on this day's docket (which spilled over past midnight), The oil producers' lobbyists twisted enough arms at the capitol to get several million in state credits restored to the petroleum industry. And on the same day's agenda, this same body singled out all the lower income parents, to take away a refundable earned income credit averaging around $230 per household, annually.
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Proctor & Enman cited Republican former governor, Frank Keating's effort to help lower income working parents

  SB1604 is a targeted bill which takes money back only from poor working families. These Republicans took away a tax break that Gov. Frank Keating fought hard for.
​
  An odd coalition of Tea Party Republicans and the Democratic Caucus teamed up to try to kill this bill.
​
  The working lower income parents just got a few hundred dollars taken from them by the Republicans in the legislature, so the Teacher Union will not pick on the politicians as hard, in the upcoming elections.
​  Teachers may get a pay raise, but the students' families may not survive economically.  So much for bridging the transition off of govt. assistance!

  The House Democrats will surely exploit this decision as a campaign issue, but they are the chief proponents for giving massive pay raises to public school teachers. And the state just simply can't do both.
​
  The final vote tally for the bill was 51, in the 101 member House.
  The Tea Party Caucus in the Capitol seems to be just a few dozen strong, at best.

    SENATE BILL 1604    Income tax credits; limiting time period during which certain credit is refundable.        
    
    THIRD READING       PASSED                                                  
    
             YEAS:   51                                                    RCS# 1658
          NAYS:   45                                                    5/20/2016
         EXC :    5                                                     12:23 AM
 C/P :    0                                                             


​ YEAS:   51

    Banz               Dunlap             McDaniel, R.       Roberts, D.        
    Bennett            Echols             Moore              Roberts, S.        
    Biggs              Faught             Mulready           Rogers             
    Billy              Grau               Murdock            Russ               
    Caldwell           Hardin             Nelson             Sears              
    Casey              Johnson            Newell             Thomsen            
    Cleveland          Joyner             O'Donnell          Vaughan            
    Coody, A.          Kannady            Ortega             Wallace            
    Coody, J.          Leewright          Osborn             Watson             
    Cooksey            Lepak              Ownbey             Wood               
    Cox                Martin             Park               Wright             
    Denney             McBride            Peterson           Mr. Speaker        
    Derby              McCullough         Pfeiffer           


​ NAYS:   45
    Brown              Henke              Montgomery         Sherrer            
    Brumbaugh          Hoskin             Munson             Stone              
    Calvey             Inman              Murphey            Strohm             
    Cannaday           Jordan             Nollan             Tadlock            
    Cockroft           Kern               Perryman           Virgin             
    Condit             Kirby              Proctor            Walker             
    Dunnington         Kouplen            Pruett             Wesselhoft         
    Fisher             Lockhart           Renegar            Williams           
    Fourkiller         Loring             Ritze              Young              
    Goodwin            McCall             Rousselot          
    Griffith           McDaniel, J.       Sanders            
    Hall               McPeak             Shelton            

 EXCUSED:    5
    Christian          Morrissette        Shoemake           
    Enns               Scott    
         
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    David Van Risseghem  is the Publisher of SoonerPolitics.org. The resource is committed to informing & mobilizing conservative Oklahomans for civic reform.  This endeavor seeks to utilize the efforts of all cooperative facets of the Conservative movement...

    ​"No politician 'checks off every box" in your list of issues. You have to prioritize and use personal discretion regarding every current and future issue that you can imagine. Then you have to also judge integrity & consistency. A candidate's openness to study the issues & courage to think for themselves. Then you need to review their honesty & work ethic.  I respect any voter's decision, when they've informed themselves and took voting seriously." - David Van Risseghem
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