Oklahoma State Senate
For Immediate Release: December
Oklahoma City, Oklahoma 73105
Sen. Scott Pruitt
Pollina Report Shows Need for Reforms
Oklahoma remains near the bottom in job growth nationally
A ranking of the top ten “business friendly”
states by the Pollina Corporate Real Estate, Inc., shows that Oklahoma
is in dire need of economic reforms, a Republican senator said Tuesday.
“We should all be promoting the positives of this report
and our top ten ranking, but Oklahoma’s lack of workers comp
reform, lack of comprehensive lawsuit reform, and our high income
tax rate are big reasons why we still rank near the bottom nationally
in job growth and wages,” stated Sen. Scott
Pruitt, R-Broken Arrow.
Oklahoma ranked number ten in this year’s survey –
a drop from number three just a year ago.
“The biggest reason for the drop from number three to number
10 in just one year is Oklahoma’s extremely poor rating on
workers compensation rates, which the Pollina report ranks as 39th
nationally,” said Pruitt.
Oklahoma’s workers compensation system encourages litigation,
which makes it a boon for trial lawyers, but a bust for employers
and injured workers.
The Pollina report gives Oklahoma high marks for targeted tax incentives,
an abundance of quasi-governmental economic development organizations,
and low costs for real estate and living expenses.
“The great fear is that the governor’s office or the
Senate Democrat leadership might use the Pollina ranking as an excuse
to oppose meaningful workers comp reform – or to pass a watered-down
version of the legislation that does little or nothing to get our
economy moving,” Pruitt stated.
“Despite our number ten ranking as a business friendly state,
we ranked 48th in job creation. This is unacceptable, and is further
evidence that the Oklahoma Legislature needs to enact significant
reforms in 2005,” he concluded.
more information contact:
Senate Communications Office - (405) 521-5774