Oklahoma cities fret over proposal to scrap grocery tax

Sanders, Lisa
October 1997
Bond Buyer;10/10/97, Vol. 322 Issue 30249, p24
Trade Publication
Reports that an Oklahoma lawmaker's proposal to eliminate the 4.5 percent state sales tax on groceries is triggering concern among cities which depend on a local levy for operations and bonded projects. Provision that allows citizens initiatives to call referendums to vote on local grocery taxes; Estimated city loss of $22.4 million a year in revenue.


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