Senate Finance
TUESDAY – 2/7/12
10:30 a.m., Room 511A, State Capitol
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AGENDA:
1. Welcome and Introductions
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SB 1019 |
Garrison
McDaniel, Jeannie |
Allows certain public housing authorities to collect certain debts by filing a claim against income tax refunds; modifies current claims process to include certain public housing authorities; provides an effective date. |
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SB 1036 |
Stanislawski |
Increases the amount of the homestead exemption to $22,000 or fifty percent of the amount set by the US Department of Housing and Urban Development to be the median income for the county or metro area. |
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SB 1037 |
Brecheen |
Allows counties to hold elections to determine if counties can levy a severance tax on gravel, sand, and gypsum; counties will determine the life of the severance tax; the Oklahoma Tax Commission will notify taxpayers of the rate change. |
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SB 1039 |
Justice |
Requires that examination fees paid to the Attorney General for proceedings leading to the issuance and sale of revenue bonds not be less than Five-Hundred Dollars ($500); EMERGENCY. |
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SB 1071 (3) |
David |
Reauthorizes the state income tax donation for Court Appointed Special Advocate Programs effective January 1, 2014. |
| Track Name(s): |
(Master List Only)(Our Package), CASA(Our Package), CASA Report(Our Package), Title 68 (Rev. & Tax) |
| Remarks: |
Change to qualified programs. OCASA on behalf of local programs |
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SB 1098 |
Wilson |
Deletes an exemption for excise tax on sales of newspapers and periodicals. |
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SB 1108 |
Anderson |
Creates Council of Bond Oversight; outlines membership and duties; Defines ‘State Governmental Entity Financing’; Repeals sections of law relating to bonds. |
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SB 1120 |
Fields |
Modifies definition of “Total Gross Receipts” as it applies to advertised price of a mixed beverage. |
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SB 1138 |
Garrison |
Directs the Oklahoma Tax Commission to design and issue official Prisoner of War and Missing in Action license plates; creates the POW/MIA Revolving Fund in the Oklahoma Military Department; provides funding source and expenditures. |
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SB 1159 |
Adelson |
Adds Oklahoma Capital Formation Act where needed. Requires a list for all dollars obtained by sale of tax credits from investee companies and from venture funds be made available to the financial community. |
| Track Name(s): |
Novus Windpower, Title 68 (Rev. & Tax) |
11. Committee authorization to investigate Oklahoma Horse Racing Commission
Nominees
12. Other Business and Adjournment
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Senate Finance ** POSTING CHANGE **
TUESDAY – 2/7/12
10:30 a.m., Room 511A, State Capitol
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DELETE FROM PRIOR POSTING
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SB 1037 |
Brecheen |
Allows counties to hold elections to determine if counties can levy a severance tax on gravel, sand, and gypsum; counties will determine the life of the severance tax; the Oklahoma Tax Commission will notify taxpayers of the rate change. |
ADD TO PRIOR POSTING
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SB 1230 |
Mazzei |
Makes it unlawful for a person to willfully sell, purchase, install, transfer, sell, or possess any automated sales suppression device, zapper, or phantom-ware; directs the Tax Commission to revoke the sales tax permit if found guilty. |
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SB 1231 |
Mazzei |
Requires report for delivery of cigarettes and monthly report from wholesalers by 20th of each month to OTC; Removes out-of-date language; Must correct failure to file tax return within 15 days after tax becomes delinquent. |
| Track Name(s): |
National Tobacco |
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SB 1232 |
Mazzei |
Includes ‘Surviving Spouse license plates’ with ‘Gold Star Survivor license plates’; Removes obsolete language. |
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