The Enid News and Eagle, Enid, OK

National and world

April 11, 2013

State leaders may consider delaying income tax cut

(Continued)

OKLAHOMA CITY —

"Obviously her preference is to have an immediate tax cut of .25 percent. That's what she proposed in her executive budget, but we know there are other ideas and voices out there, and we're listening to them."

Senate President Pro Tem Brian Bingman said delaying the tax cut would free revenue for the upcoming fiscal year that could be used for other spending priorities, including needed repairs to the state Capitol. Bingman, R-Sapulpa, said all three sides were "trying to find some agreement, some tax credits we can all agree upon, making a responsible tax cut and taking care some of the needs that are important today, that being the state Capitol."

Bingman and Shannon also said the House, Senate and governor's office were nearing an agreement on a supplemental funding bill that would provide money to pay for an increase in costs of teacher benefits and $8 million to begin renovations to the facade of the Capitol, where chunks of limestone and mortar have fallen from the building.

Bingman and Fallin also want $2 million to fund an in-depth architectural and design study of the Capitol's infrastructure needs, but Shannon said he thought the $2 million price tag seemed excessive.

 

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