Lawmakers in Oklahoma are working to make up for any losses from vehicle taxes after courts ruled against electric and hybrid fees, the governor said.
The state chapter of the Sierra Club filed a claim against a House measure that would put a yearly fee of $100 per on electric cars and a $30 fee on hybrids. Slated to enter into force next year, the high court found the measure to be unconstitutional.
The court said in a draft opinion that the House bill in question passed without three-quarters of the member of the state legislature and was therefore unconstitutional.
Oklahoma Gov. Mary Fallin said she was disappointed with the decision from the Oklahoma Supreme Court.
"Fortunately, lawmakers are in special session now working on how to adjust a shortfall of $215 million of state appropriations caused when the state Supreme Court earlier this year struck down a proposed smoking cessation fee," she said in a statement.
The government called lawmakers to a special session in late September to address budget strains she said were critical. By her estimate, the state could face a $500 million shortfall next year because one-time funds were used to balance the books for the current fiscal year. On some of the proposals, like a higher tax on cigarettes, the governor said they fell short because they would be implemented too late in the fiscal year.
House Minority Leader Scott Inman, who is running to fill Fallin's seat after she leaves office on term limits, said earlier this month there was a bipartisan agreement to raise sin taxes, cut a tax on wind energy producers and raise the rate for gross production taxes. Fallin responded by saying that maybe there were agreements on common goals, but if there were a budget deal, should would've announced it herself.
Oklahoma is home to about 4 percent of the total petroleum reserves in the country and accounts for as much as 5 percent of the total crude oil production. The state government reported that new tax legislation was supporting economic growth. Changing a tax rate for shale drillers from 1 percent to 4 percent supported overall receipts in September with $6.9 million.
Singapore to freeze number of cars on its roads
Singapore, one of the most expensive places in the world to buy a vehicle, has announced it will freeze the number of private cars on its roads from next year but vowed to expand public transport.
The growth cap for all passenger cars and motorcycles will be cut from 0.25 percent a year to zero with effect from February, the Land Transport Authority (LTA) said.
The affluent city-state of … read more
