OKLAHOMA CITY – Governor Mary Fallin, Senate President Pro Tempore Mike Schulz and House Speaker Charles McCall today reached an agreement adjusting the 2018 fiscal year budget that, among other things, helps fill the $215 million budget hole and puts Oklahoma on a more stable budget path, as well as provides a needed teacher pay raise.

If passed by the Legislature, the agreement would:
Place a $1.50 tax on a package of cigarettes.
Provide for a 6-cent fuel tax increase.
Revise taxes on alcoholic beverages.
Restore the Earned Income Tax credit.

Although the state Capitol will be closed beginning Friday evening, October 13 through Sunday, October 22, citizens will still be able to contact members and staff for assistance via phone. The closure is necessary for crews to replace the building’s electrical system, part of which includes original wiring installed over 100 years ago. This marks another key step in the multi-year interior and exterior repair and restoration project currently underway at the Capitol.