Stitt calls for special session days before regular session starts to reduce personal income tax
The special session will start on Jan. 29
The special session will start on Jan. 29
The special session will start on Jan. 29
Gov. Kevin Stitt issued an executive order calling for another special session that would start days before the scheduled legislative session begins to address tax cuts.
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Stitt wants lawmakers to make cuts before they gather for the regular session next month. In a news release, Stitt says the special session seeks a 0.25% reduction in the personal income tax for every Oklahoman.
“From day one, I’ve called on the Legislature to give Oklahomans a much-deserved tax cut," Stitt said in the news release. "With record-breaking savings and a strong economic outlook, there's not time like the present to deliver a pay raise to all Oklahomans. Let’s get this across the finish line before we head into regular session."
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The governor says Oklahoma has $5.4 billion in savings and a strong economy, putting the state in a good position to reduce the personal income tax burden.
The special session will start on Jan. 29. The regular legislative session is slated to start on Feb. 5.
Stitt has tried multiple times over the past few years to pass tax cuts through a special session. All have failed, with the most recent coming in October when lawmakers met for a day before the session ended with no tax cuts.
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