Oklahoma's Latest Farm
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Pro Tem Treat Says Senate to Vote on State Grocery Sales Tax Cut This AM |
Senate Pro Tem Greg Treat, R-Oklahoma City, announced the Senate will put the grocery sales tax cut up for a vote on the Senate floor this morning. The Floor Agenda shows that the Senate will meet at 9 AM this morning and the top item to be considered is HB1955, already passed by the Oklahoma House, designed to "providing for zero rate of state sales tax on certain food items."
It appears that if the Senate approves the measure- it will head to the Governor's desk and if he keeps his word from the State of the State- it will be signed into law. The State Sales Tax rate is 4.5%. Local Sales Tax on food items will remain in place.
“I have long been an advocate for giving Oklahomans relief at the grocery store,” Pro Tem Treat said. “Our caucus had a robust, and lengthy debate over where and how to cut taxes for Oklahomans. While there were many good ideas and different ways to cut taxes we discussed, the caucus has collectively coalesced around cutting the state portion of the grocery tax. Once signed into law and after it takes effect, this will give Oklahomans relief every time they purchase groceries. This legislation is common sense and will help everyone.
“To be clear – this is the only tax relief the Senate will be seeking this year. To ensure state services and recent critical investments in education and infrastructure remain intact in the long and short term, there is no way to do more at this time."
The measure is expected to pass easily and will have the support of the Democrats in the Chamber. Senator Kay Floyd who leads the minority says “Senate Democrats have supported and continue to support cutting the state portion of the sales tax on groceries, giving relief to hard-working Oklahomans and their families.
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Tim West
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Radio Oklahoma Ag Network
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