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2010 Oklahoma State Budget
The Oklahoma State Budget for Fiscal Year 2010, is a spending request by Governor Brad Henry to fund government operations for July 1, 2009–June 30, 2010. Governor Henry and legislative leader approved the budget in May 2009. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2011, which must be authorized by the Legislature. Overview The state budget for fiscal year 2010 began with a decrease in tax revenues of almost $310 million, or 4.4%, from the previous fiscal year. A primary reason for this decrease was enactment oHouse Bill 1172in 2006. HB1172 enacted the largest tax cut in state history by lowering the state income tax rate from 6.25% in 2006 to 5.25% in 2011. HB1172 also increased the standard deduction to match the federal standard deduction in 2010. The American Recovery and Reinvestment Act of 2009 was passed February 2009 and the State applied for money available under the act. This included $404 million for the state ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brad Henry
Charles Bradford Henry (born July 10, 1963) is an American lawyer and politician who was the 26th governor of Oklahoma from 2003 to 2011. A member of the Democratic Party, he was elected governor in 2002. Henry won re-election for a second term on November 7, 2006 with 67% of the vote."Governor/Oklahoma." American Votes 2006. CNN.com. Retrieved 10–13–09. Henry was the third governor and second Democrat in Oklahoma history to serve two consecutive terms, along with Democrat and Republican . In 2010, Henry was ineligib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
52nd Oklahoma Legislature
The Fifty-second Oklahoma Legislature was the meeting of the legislative branch of the government of Oklahoma in Oklahoma City from January 3, 2009, to January 4, 2011, during the second two years of the second administration of Governor Brad Henry. It was the first session in state history where the Republican Party has controlled both houses of the legislature. Dates of sessions *Organizational day: January 3, 2009 *First regular session: February 2, 2009 – May 29, 2009 *Second regular session: February 4, 2010 – May 30, 2010 Previous: 51st Legislature • Next: 53rd Legislature Major legislation Enacted *Abortion - HB 1595 prohibited a mother from having an abortion based solely on the sex of the child. *Health care - HB 1127 provided $7 million to allow the Oklahoma State University Medical Center to continue to operate. *Sales tax exemption - SB 318 created a gradual elimination of the state sales tax on groceries. *Silver Alert - HB 2030 creates an alert system for se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma State Budget
The Budget of the State of Oklahoma is the Governor of Oklahoma, Governor's proposal to the Oklahoma Legislature which recommends funding levels to operate the Government of Oklahoma, state government for the next fiscal year, beginning July 1. Legislative decisions are governed by rules and legislation regarding the state budget process. After the Legislature approves an appropriations bill, it is sent to the Governor, who may sign it into law, or may veto it. A vetoed bill is sent back to the Legislature, which can pass it into law with a two-thirds majority in each chamber. The Legislature may also combine all or some appropriations bills into an omnibus appropriations bill. In addition, the Governor may request and the Legislature may pass supplemental appropriations bills or emergency supplemental appropriations bills. Several government agencies provide budget data and analysis. These include the Oklahoma Office of State Finance, Oklahoma Tax Commission, the Oklahoma State ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor Of Oklahoma
The governor of Oklahoma is the head of government of the U.S. state of Oklahoma. Under the Oklahoma Constitution, the governor serves as the head of the Oklahoma Executive (government), executive branch, of the government of Oklahoma. The governor is the ''ex officio'' commander-in-chief of the Oklahoma National Guard when not called into Federal government of the United States, federal use. Despite being an executive branch official, the governor also holds Legislature, legislative and judicial powers. The governor's responsibilities include making yearly "State of the State" addresses to the Oklahoma Legislature, submitting the Oklahoma state budget, annual state budget, ensuring that state laws are enforced, and that the conservator of the peace, peace is preserved. The governor's term is four years in length. The office was created in 1907 when Oklahoma was officially admitted to the United States as the 46th state. Prior to statehood in 1907, the office was preceded by a P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Oklahoma
The government of the U.S. State of Oklahoma, established by the Oklahoma Constitution, is a republican democracy modeled after the federal government of the United States. The state government has three branches: the executive, legislative, and judicial. Through a system of separation of powers or "checks and balances," each of these branches has some authority to act on its own, some authority to regulate the other two branches, and has some of its own authority, in turn, regulated by the other branches.Article IV, Section 1, Oklahoma Constitution a Oklahoma Public Legal Research System (accessed August 20, 2013) The state government is based in |
Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma Legislature
The Legislature of the State of Oklahoma is the state legislative branch of the U.S. state of Oklahoma. The Oklahoma House of Representatives and Oklahoma Senate are the two houses that make up the bicameral state legislature. There are 101 state representatives, each serving a two-year term, and 48 state senators, who serve four-year terms that are staggered so only half of the Oklahoma Senate districts are eligible in each election cycle. Legislators are elected directly by the people from single member districts of equal population. The Oklahoma Legislature meets annually in the Oklahoma State Capitol in Oklahoma City. The Oklahoma Constitution vests all legislative powers of the state government in the state legislature, which exercises legislative power by enacting Oklahoma law. The legislature may legislate on any subject and has certain " necessary and proper" powers as may be required for carrying into effect the provisions of the Oklahoma Constitution. The powers of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Recovery And Reinvestment Act Of 2009
The American Recovery and Reinvestment Act of 2009 (ARRA) (), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession, the primary objective of this federal statute was to save existing jobs and create new ones as soon as possible. Other objectives were to provide temporary relief programs for those most affected by the recession and invest in infrastructure, education, health, and renewable energy. The approximate cost of the economic stimulus package was estimated to be $787 billion at the time of passage, later revised to $831 billion between 2009 and 2019. The ARRA's rationale was based on the Keynesian economic theory that, during recessions, the government should offset the decrease in private spending with an increase in public spending in order to save jobs and stop further economic deterioration. The politics around the stimulus w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Late-2000s Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tulsa World
The ''Tulsa World'' is the daily newspaper for the city of Tulsa, Oklahoma, and primary newspaper for the northeastern and eastern portions of Oklahoma. Tulsa World Media Company is part of Lee Enterprises. The new owners announced in January 2020 that a corporate purchase was made of BH Media Group, a Berkshire Hathaway company controlled by Warren Buffett. The printed edition is the second-most circulated newspaper in the state, after ''The Oklahoman''. It was founded in 1905 and locally owned by the Lorton family for almost 100 years until February 2013, when it was sold to BH Media Group. In the early 1900s, the ''World'' fought an editorial battle in favor of building a reservoir on Spavinaw Creek, in addition to opposing the Ku Klux Klan in the 1920s. The paper was jointly operated with the ''Tulsa Tribune'' from 1941 to 1992. History Republican activist James F. McCoy and Kansas journalist J.R. Brady published the first edition of the ''Tulsa World'' on September 14, 1905 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross State Product
Gross regional domestic product (GRDP), gross domestic product of region (GDPR), or gross state product (GSP) is a statistic that measures the size of a region's economy. It is the aggregate of gross value added (GVA) of all resident producer units in the region, and analogous to national gross domestic product. The GRDP includes regional estimates on the three major sectors including their sub-sectors, namely: * Raw material sector: Agriculture, animal husbandry, fishery, and forestry. * Industry sector: Construction, electricity, manufacturing, mining, quarrying, and water. * Service sector: Communication, finance, private government services, property management, real estate sales, storage, trade, and transport. "The GRDP is usually presented in nominal and real terms. Nominal GRDP measures the value of the outputs of the economy at current prices. Real GRDP referred to as GRDP at constant prices, measures the value of an economy's output using the prices of a fixed base y ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kaiser Family Foundation
KFF (Kaiser Family Foundation), also known as The Henry J. Kaiser Family Foundation, is an American non-profit organization, headquartered in San Francisco, California. It prefers KFF since its legal name can cause confusion as it is no longer a foundation or a family foundation, and is not associated with Kaiser Permanente. KFF focuses on major health care issues facing the nation, as well as U.S. role in global health policy. KFF states that it is a non-partisan source of facts and analysis, polling and journalism for policymakers, the media, the health care community, and the general public, and its website has been heralded for having the "most up-to-date and accurate information on health policy" and as a "must-read for healthcare devotees." Current activities Policy analysis and polling KFF publishes analysis, polling and journalism about health-care issues, and states that much of its work especially concerns persons with low income or those who are otherwise especially v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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