KGOU

Oklahoma Tax Commission

This Jan. 1, 2018 photo shows marijuana on display at Harborside marijuana dispensary in Oakland, Calif.
Mathew Sumner / AP Photo

Oklahoma’s medical marijuana industry will likely conduct business only in cash. That puts a wrinkle in how the state will collect taxes.

Oklahoma’s adoption of medical marijuana will be green in more ways than one: Retail dispensaries, processors, growing operations and tax agencies will have to work within a cash-only industry.

Josh Edelson / AP Images

Patients in Oklahoma will pay one of the highest tax rates for medical marijuana among the 30 states that currently offer it if State Question 788 is approved by voters this month, according to an Oklahoma Watch analysis.

Bob Nance and Gary Watts, attorneys for eight Oklahoma school districts that successfully sued to have the Oklahoma Tax Commission change how it calculates motor vehicle tax disbursement.
Brent Fuchs / The Journal Record

A group of school districts won a case Friday against the Oklahoma Tax Commission, and it could change how millions of dollars are distributed.

Oklahoma schools get a chunk of every vehicle registration and excise tax paid to the state. Last year, lawmakers changed the formula and the Oklahoma Tax Commission had to interpret how to divide those motor vehicle taxes.

Jason Stephenson teaches a class at Deer Creek High School in Edmond. Deer Creek’s allocation of money from motor vehicle collections doubled between fiscal years 2015 and 2016.
Brent Fuchs / The Journal Record

Eight Oklahoma school districts are suing the state because of what they say is an unfair distribution model for Oklahoma's vehicle taxes.

money
Brian Hardzinski / KGOU

The National Rifle Association is exempt from the sales tax in Oklahoma. The American Civil Liberties Union is not.

Organizations promoting the preservation of wild ducks and turkeys get a sales tax break. Groups promoting different wildlife, or the welfare of dogs and cats, do not.

Oklahoma chapters of the Daughters of the American Revolution have a specific sales tax exemption. The League of Women Voters of Oklahoma does not.

American currency
thinkpanama / Flickr Creative Commons

State finance officials say revenue collections to Oklahoma's main operating fund for state government trailed projections by nearly 10 percent last month, mostly because of huge decreases from oil and gas production taxes.

The Office of Management and Enterprise Services reported Tuesday that collections to the General Revenue Fund totaled nearly $403 million, which is 9.8 percent below the official projection. It was also more than 10 percent below collections from the same month last year.

Oklahoma Department of Corrections

Gov. Mary Fallin has announced the appointment of Steve Burrage to the Oklahoma Tax Commission.

Fallin's office announced the appointment Wednesday. Burrage, the chairman of the board at BankFirst in Antlers, will serve a six-year term succeeding Jerry Johnson, who is retiring Jan. 31.

Burrage also serves as secretary on the Oklahoma Board of Corrections and as chairman of the board's finance and audit committee.

Fallin appointed Burrage to the corrections board in 2012. Burrage will resign from that board Jan. 31.

a school classroom with empty chairs
comedy_nose / Flickr Creative Commons

The Oklahoma Tax Commission says Oklahoma public schools stand to lose about $40 million this year because of new tax exemptions that have primarily benefited telecommunications companies, utilities and railroads.

Passed by Oklahoma voters in 2012, State Question 766 extended the intangible property tax exemption that locally assessed companies enjoyed previously to centrally assessed corporations.