Category Archive for: economics

Tulsa World: SQ 800 in Plain English

The Legislature proposes amending the state constitution to create the Oklahoma Vision Fund, which would receive an escalating portion of state gross production taxes beginning with 5 percent in 2020. Additional money could be appropriated to the fund. The fund would essentially be an endowment managed by the state treasurer. It would be exempt from…Read More

Oklahoma begins new era of alcohol availability

[As of Monday], grocery stores and convenience stores across the state are selling their first bottles of wine and cases of strong beer. Liquor stores are turning on coolers to refrigerate products previously sold at room temperature. Mergers and acquisitions between distributors within the state become official — the landscape has changed. All of these…Read More

Fallin Approves Controversial Rules on Medical Marijuana

Gov. Mary Fallin has signed emergency rules regulating Oklahoma’s medical marijuana industry a day after they were introduced by the State Board of Health. Although the industry said more regulations were needed to ensure the new law could be effectively implemented, her decision Wednesday set off a firestorm of commentary about controversial provisions that were…Read More

Oklahoma’s payday loan usage rate is highest in nation

Elise Robillard was desperate for a quick cash infusion the first time she walked into a payday lending store. A long-term substitute teacher and mother of two young children, Robillard’s tires were bald, and she couldn’t afford to replace them. So she turned to small, short-term payday advances thinking they would keep her afloat. The…Read More

Budget Negotiations: Oil groups support Step Up Oklahoma

Leaders of two Oklahoma oil and gas associations on Tuesday announced their support for a slate of reform and revenue measures advocated by a coalition of Oklahoma civic and business leaders called Step Up Oklahoma. Tuesday’s endorsements came from the board of directors of the Oklahoma Oil & Gas Association and the executive committee of…Read More