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FOR IMMEDIATE RELEASE
March 29, 2018
Governor Mary Fallin Signs Revenue Package to Fund Largest Teacher Pay Raise in State History
OKLAHOMA CITY – Governor Mary Fallin, flanked
by bipartisan legislators and joined by public school teachers, today signed
three bills that are part of an historic revenue package to fund pay raises for
teachers.
The package allows for a $6,100, or 16
percent, pay raise on average for Oklahoma teachers.
“This is
a very historic day in Oklahoma,” said Fallin. “By signing these measures,
Oklahoma will move to second-highest in the region, up from the
lowest, in average teacher pay. It is the largest teacher pay raise in the
history of the state.
“I want to thank our legislative leaders from
both parties for their tremendously hard work on these measures,” Fallin said.”I
appreciate their long hours, and I commend the brave men and women in the House
and Senate for their courageous action in voting for these bills. The legislation will
fund teacher pay raises as well as provide additional money for the classroom,
and set our state on a path of long-term budget stability by making more
recurring revenue available and help stop the practice of balancing our budget
with one-time funds. Teachers can expect to see a significant raise in their
paychecks this fall.”
The governor signed:
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House Bill (HB) 1011XX,
which puts a $17,000 cap on deductions on adjusted gross income. Charitable
contributions and medical expenses are not capped.
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HB 1023XX, which
establishes a new teacher salary schedule, the largest teacher pay increase in
state history. Teachers will receive a $6,100 pay raise on average in the
upcoming school year.
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HB 1010XX, which
provides the revenue to fund the teacher pay raise. This is accomplished by an increase of $1 per
pack of cigarettes; taxing little cigars
at the same rate as cigarettes; raising the fuel tax by 3
cents a gallon on gasoline and 6 cents a gallon on diesel; and raising the gross
production tax from 2 percent to 5 percent on all wells.
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 Governor Mary Fallin, flanked by legislators and teachers, signs House Bill 1010XX, which provides the revenue to fund the largest teacher pay raise in state history.
Web: www.governor.ok.gov
Facebook: www.facebook.com/GovernorMaryFallin
Twitter: www.twitter.com/GovMaryFallin
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