State Question 795

UPDATED: 11:14 p.m.

A revenue package that included several tax increases passed the Oklahoma House of Representatives Monday night, the first time a tax increase has passed the House in 28 years.

It was a late night for the Oklahoma House of Representatives in an effort to avoid a teacher and public employee walkout next week. After several failed attempts over the last 17 months to find funding for a teacher pay raise, Democrats and Republicans struck a deal over the weekend.

The Oklahoma Supreme Court on Monday ruled a proposed state question that would ask voters to approve tax hikes on oil and gas production to help fund education can move forward.

The proposed State Question 795 was written by a group called Restore Oklahoma Now, which is led by a former president of the OIPA. It would ask voters to end discounts on many wells and impose an across-the-board 7 percent tax on oil and gas production to fund teacher raises and early childhood education.

Joe Wertz / StateImpact Oklahoma

A group wanting to raise gross production taxes is gearing up after the failure of Step Up Oklahoma.

Restore Oklahoma Now is proposing State Question 795 to raise GPT to 7% which will bring in an extra $288 million with most of that going to common education.

Executive Director Mickey Thompson says he delayed pushing forward while Step Up Oklahoma worked its way through the State Capitol.

Joe Wertz / StateImpact Oklahoma

After getting concessions, a group of small independent oil and gas producers is now endorsing a suite of tax increases and government reforms written by a group of business leaders known as the Step Up Oklahoma plan.

The Oklahoma Independent Petroleum Association on Wednesday filed two separate state Supreme Court challenges to a proposed state question that would ask voters to end industry discounts and impose a broad 7 percent tax on oil and gas production to fund teacher pay raises and early childhood education.

Joe Wertz / StateImpact Oklahoma

Mickey Thompson has a manila envelope tucked under his arm as he walks towards the Oklahoma Capitol. If the paperwork doesn’t start a fight, it almost certainly will add fuel to one.

Inside the envelope is the handiwork of about 10 people over a couple of months that could clear a path for Oklahoma voters to do something most lawmakers won’t consider: Enact broad tax hikes on oil and gas production to help fund public education.