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Sen. Greg Treat’s Press Releases

Showing: January, 2012
Senators introduce 'Laffer Plan' to phase out income tax

Four first-term Senators have jointly filed a bill to implement the plan proposed by legendary economist Dr. Arthur Laffer to phase out the Oklahoma income tax.
SB 1587 is authored by Senators David Holt, R-Oklahoma City, Greg Treat R-Oklahoma City, Rob Johnson, R-Oklahoma City, and Josh Brecheen, R-Coalgate. It would lower the Oklahoma income tax rate from 5.25 percent to 2.25 percent in 2013, and then gradually lower it until the rate is zero in 2022.
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Treat proposes fiscally responsible approach to future of American Indian Cultural Center and Museum

Sen. Greg Treat, R-Oklahoma City, today filed legislation that would allow Oklahoma voters to decide whether the state should take on an additional $40 million in debt to fund the completion of the American Indian Cultural Center and Museum (AICCM) in Oklahoma City.

AICCM, a state agency, last year requested a $40 million bond to complete construction of the facility. If approved, the bond would have brought the state’s total investment in the project to $107 million, all of which has been funded through bond issues.
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