Oklahoma House proposes a $12.63bn budget for 2025 with a 0.25% personal income tax cut.
Oklahoma House proposes a $12.63bn budget for 2025, including a 0.25% personal income tax cut, a 4.2% decrease from 2024. Focusing on K-12 education ($3.83bn), higher education ($1bn), public safety ($743.2m), and health ($2.2bn), the House aims to address state spending with the tax cut, despite Senate opposition. The budget comes after the Senate's proposed $13.73bn budget, a 4.15% increase.
April 16, 2024
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