OKLAHOMA CITY, Okla. — A bill seeking to eliminate the state sales tax on groceries is getting some pushback at the Oklahoma state Capitol.
During a Senate committee meeting, a state senator asked about the long-term impacts and whether the tax cut is something Oklahoma could sustain. Sen. Greg Treat acknowledged the financial impact costing an estimated $300 million.
“I do know the price tag is nothing, something we cannot ignore,” Treat, R-Oklahoma City, said. “So, as we go through this process, I sure hope we can afford to do it. Oklahomans need the relief from inflation, and they definitely need it from their basic necessities.”
Treat said he thinks the economy is in good shape to implement the tax now. The Senate committee passed the bill with a 19-2 vote.
The bill now goes to the full Senate.
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