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06/22/2018 01:15 PM CDT

OKLAHOMA CITY – The Commissioners of the Land Office (CLO) today announced a special distribution of $7,157,724 was made to every common school district (K-12) in the state that receives money from the agency. This special, supplemental year-end distribution was made to ensure total distributions to K-12 beneficiaries were equivalent to funding levels for the previous fiscal year.

Several years ago, the CLO created the Multi-Year Education Stabilization Fund authorized by 64 O.S. Section 1069 to help hold beneficiaries harmless from the volatility of oil and gas lease-bonus revenues, the CLO’s most unpredictable funding source.

“Every income source of the Commissioners of

06/21/2018 02:45 PM CDT

OKLAHOMA CITY – Governor Mary Fallin today issued the following statement on the U.S. Supreme Court’s decision that states can collect online sales taxes:

 

“I applaud today’s decision by the U.S. Supreme Court overturning an earlier ruling that a business had to have a physical presence in a state in order for that state to collect state sales tax on online purchases. The earlier ruling placed the responsibility of paying the online sales tax on customers who generally did not realize they owed it.

“I again call on Congress to level the field for small businesses and retailers in Oklahoma and across the country by implementing a fair system for

06/19/2018 11:45 AM CDT

OKLAHOMA CITY – A bipartisan group of governors today announced the formation of a new national effort to provide state executive leadership, focus and outreach on behalf of carbon capture policy and technology deployment.

The Governors’ Partnership on Carbon Capture will initially be led by Governors Matt Mead, of Wyoming, and Steve Bullock, of Montana. Governor Mary Fallin, along with Governors Gary Herbert, of Utah, John Bel Edwards, of Louisiana, and Jeff Colyer, of Kansas, will be part of the group.

The partnership will undertake initiatives and support policies that further the development and deployment of carbon capture projects and carbon dioxide (CO2) pipeline