Bill to restore oil and gas taxes to be heard

Bill to restore oil and gas taxes to be heard

OKLAHOMA CITY, OK (KSWO)- A bill will be heard this week in the Oklahoma House of Representatives that could help with the budget hole in the state.

The bill would restore oil and gas taxes at 5 percent. Lawmakers on both sides of the aisle support the bill, but it would take 76 votes in the House to approve a revenue-raising measure.

Some are questioning if it will have enough support to pass, however.

"That's one of those 76-vote issues. That's a high hurdle in the house of representatives. No caucus controls enough votes to push a revenue raising measure through," said Rep. Charles McCall, the speaker of the House.

House Democrats have said that if the plan does not go through, they will not go along with Republican plans to raise cigarette taxes by a dollar-fifty a pack.

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