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OK Law Changes Lead to Increased Revenue (Jun 18, 2012)

OKLAHOMA CITY (AP) - Changes to state law made during the 2012 legislative session resulted in about $30 million more for lawmakers to spend, including about $16 million that has not been appropriated.

The Oklahoma Board of Equalization approved the revised figures during a meeting on Monday.

A new initiative by the Oklahoma Tax Commission to more aggressively collect delinquent sales taxes accounted for nearly $14 million. Another change in the law that redirects certain motor vehicle fees to the general revenue fund brought in millions more.

Office of State Finance revenue analyst Shelly Paulk says about $14 million of the additional revenue was already appropriated by lawmakers during the session. An additional $16 million could be appropriated when lawmakers return in February or added to next year's budget.



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