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The Oklahoma Tax Commission (OTC) is the Oklahoma state government agency that collects taxes and enforces the taxation and revenue laws of the state. The Commission is composed of three members appointed by the Governor of Oklahoma and confirmed by the Oklahoma Senate. The Commissioners are charged with oversight of the agency but appoint an ...
The Oklahoma Secretary of Finance, Administration and Information Technology is a member of the Oklahoma Governor's Cabinet. The Secretary is appointed by the governor, with the consent of the Oklahoma Senate, to serve at the pleasure of the governor. The secretary serves as the chief adviser to the governor on fiscal policy, taxation, and the ...
Oklahoma has enacted a number of taxes on alcoholic beverages. The alcoholic beverage tax on liquor is an excise tax varying in amount depending on the alcohol by volume of the drink and an excise tax of $11.25 on each barrel of low-alcohol beer sold. A special sales tax of 13.5% is levied on the sale of all mixed drinks .
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The government of the U.S. State of Oklahoma, established by the Oklahoma Constitution, is a republican democracy modeled after the federal government of the United States. The state government has three branches: the executive, legislative, and judicial. Through a system of separation of powers or "checks and balances," each of these branches ...
The Cabinet of the governor of Oklahoma is a body of the most senior appointed officials of the executive branch of the government of Oklahoma.Originally an informal meeting between the governor of Oklahoma and various government officials, the Governor's Cabinet has evolved into an important information link between the governor and the various agencies, boards and commissions that operate ...
To earn additional revenue for Oklahoma, the state treasurer invests money which is not immediately needed to fund government operations. The office has an average of $5 billion of taxpayers’ money in its investment portfolio. The Treasurer's investments are strictly governed by Oklahoma statutes and the Treasurer's investment policy.
The Budget of the State of Oklahoma is the governor 's proposal to the Oklahoma Legislature which recommends funding levels to operate the state government for the next fiscal year, beginning July 1. Legislative decisions are governed by rules and legislation regarding the state budget process. After the Legislature approves an appropriations ...