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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] |
Line Item Veto
The line-item veto, also called the partial veto, is a special form of veto, veto power that authorizes a chief executive to reject particular provisions of a bill enacted by a legislature without vetoing the entire bill. Many countries have different standards for invoking the line-item veto if it exists at all. Each country or state has its own particular requirement for overriding a line-item veto. Countries allowing line-item veto Brazil The President of Brazil has the power of the line-item veto over all legislation (art. 84 Federal Constitution of 1988: "The President of the Republic has the exclusive powers to: (...) V.veto bills, either in whole or in part"). Any provisions vetoed in such a manner are returned to the Brazilian congress and can be overridden by a vote (art. 66 of the Federal Constitution). An example of this came in August 2012, when Dilma Rousseff vetoed portions of a new forestry law which had been criticized as potentially causing another wave of defo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Federal Budget
The United States budget comprises the spending and revenue In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive reven ...s of the U.S. federal government. The budget is the financial representation of the priorities of the government, reflecting historical debates and competing economic philosophies. The government primarily spends on healthcare, retirement, and defense programs. The non-partisan Congressional Budget Office provides extensive analysis of the budget and its economic effects. It has reported that large budget deficits over the next 30 years are projected to drive federal debt held by the public to unprecedented levels—from 98 percent of gross domestic product (GDP) in 2020 to 195 percent by 2050. Overview The budget document often begins with the President of the Unite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Severance Tax
Severance taxes are taxes imposed on the removal of natural resources within a taxing jurisdiction. Severance taxes are most commonly imposed in oil producing states within the United States. Resources that typically incur severance taxes when extracted include oil, natural gas, coal, uranium, and timber. Some jurisdictions use other terms like gross production tax. Note that severance taxes are used in jurisdictions where most resource extraction occurs on privately owned land and/or where sub-surface minerals are privately owned (for example, the United States). Where the resources are publicly owned to begin with (for example, in most Commonwealth and European Union countries), it is not a tax but rather a resource royalty that is paid. In the case of the forestry industry, this royalty is called " stumpage". Oil and natural gas Severance taxes are set and collected at the state level. States usually calculate the tax based on the value and/or volume produced; sometimes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma State Banking Department
The Oklahoma State Banking Department (OSBD) is an agency of the state of Oklahoma. The Banking Department is responsible for regulating Oklahoma's banking system, including state-chartered banks, credit unions, savings and loan associations, and trust companies, as well as money transmitters)and money order companies. The department also handles consumer complaints involving state-regulated financial institutions. The Banking Department is led by a State Banking Commissioner who is appointed by the Governor of Oklahoma with the consent of the Oklahoma Senate to serve a four-year term. Assisting the commissioner is the State Banking Board, which consists of six members appointed by the governor and the commissioner as chair. The current State Banking Commissioner is Mick Thompson, a former Oklahoma State Representative who has served in that position since September 1, 1992, when he was appointed by Governor David Walters. He has since been reappointed by Governors Frank Kea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma Employment Security Commission
The Oklahoma Employment Security Commission (OESC) is an independent agency of the state of Oklahoma responsible for providing employment services to the citizens of Oklahoma. The commission is part of a national network of employment service agencies and is funded by money from the United States Department of Labor. The commission is also responsible for administering the Workforce Investment Act of 1998 on behalf of the state. The commission is composed of five members appointed by the governor of Oklahoma, with the approval of the Oklahoma Senate. All members serve six-year terms. The commission appoints an executive director, who serves at the pleasure of the commission, to act as the executive head of the commission. The current executive director is Richard McPherson, who has held that position since January 2011. The commission was established in 1941 during the term of Governor Leon C. Phillips. History and functions The commission was created by the Oklahoma Legislature ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma Department Of Public Safety
The Oklahoma Department of Public Safety (ODPS) is a department of the government of Oklahoma. Under the supervision of the Oklahoma Secretary of Public Safety, DPS provides for the safety of Oklahomans and the administration of justice in the state. DPS is responsible for statewide law enforcement, vehicle regulation, homeland security and such other duties as the Governor of Oklahoma may proscribe. The Department is led by the Commissioner of Public Safety. The Commissioner is appointed by the Governor of Oklahoma, with the approval of the Oklahoma Senate, to serve at his pleasure. The current Commissioner is John Scully, who was appointed by Governor Kevin Stitt on September 3, 2019. The Department of Public Safety was created during the term of Governor E. W. Marland. History The Department of Public Safety traces its history almost as far back as statehood. In 1912, there were only sixty-five hundred automobiles in the entire state. But by 1929, over 600,000 vehicles wer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Federal Government
The federal government of the United States (U.S. federal government or U.S. government) is the Federation#Federal governments, national government of the United States, a federal republic located primarily in North America, composed of 50 U.S. state, states, a city within a federal district (the city of Washington, D.C., Washington in the District of Columbia, where most of the federal government is based), five major Territories of the United States, self-governing territories and several United States Minor Outlying Islands, island possessions. The federal government, sometimes simply referred to as Washington, is composed of three distinct branches: United States Congress, legislative, #Executive branch, executive, and Federal judiciary of the United States, judicial, whose powers are vested by the United States Constitution, U.S. Constitution in the United States Congress, Congress, the President of the United States, president and the Federal Courts of the United State ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Administration Of Federal Assistance In The United States
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others. The assistance, which can reach to over $400 billion annually,United States Office of Management and Budget; Office of Federal Financial ManagementThe Single Audit is provided and administered by federal government agencies, such as the U.S. Department of Housing and Urban Development and the U.S. Department of Health and Human Services, through special programs to recipients. Definition The term ''assistance'' (or ''benefits'') is defined by the federal government as:2006 CFDA ; "Intr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discretionary Spending
In American public finance, discretionary spending is government spending implemented through an appropriations bill. This spending is an optional part of fiscal policy, in contrast to social programs for which funding is mandatory and determined by the number of eligible recipients. Some examples of areas funded by discretionary spending are national defense, foreign aid, education and transportation. United States discretionary spending In the United States, discretionary spending refers to optional spending set by appropriation levels each year, at the discretion of Congress. During the budget process, Congress issues a budget resolution which includes levels of discretionary spending, deficit projections, and instructions for changing entitlement programs and tax policy. After setting discretionary spending levels, both the House Appropriations Committee and Senate Appropriations Committee divide the agreed-upon amount of discretionary spending into twelve suballocations ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma House Of Representatives
The Oklahoma House of Representatives is the lower house of the legislature of the U.S. state of Oklahoma. Its members introduce and vote on bills and resolutions, provide legislative oversight for state agencies, and help to craft the state's budget. The upper house of the Oklahoma Legislature is the Oklahoma Senate. The Oklahoma Constitution established the powers of the Oklahoma House of Representatives in 1907. Voters further amended those powers through constitutional referendums. One referendum required legislators to balance the annual state budget. Others specified the length and dates of the legislative session. Today, there are 101 House members, each representing a legislative district. District boundaries are redrawn every decade to ensure districts of equal population. Members must be 21 years of age at the time of election and a qualified elector and a resident of the legislative district to serve in the House. The state holds district elections every two years co ... [...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] |
