Oklahoma City, OK 73105
For Immediate Release: September 17, 2007
Sen. Kenneth Corn (center) and Rep. Glen Bud Smithson with AFL-CIO
President Jim Curry discuss
plan to eliminate taxes on most overtime pay in Oklahoma.
Sen. Corn, Rep. Smithson Announce Tax Cut
for Working Oklahomans
Sen. Kenneth Corn and Rep. Bud Smithson announced that they had
filed legislation to help ensure Oklahoma workers would keep more
of their hard earned dollars. Senate Bill 1132 would exempt most
overtime pay from state income taxes. The lawmakers unveiled the
measure at a State Capitol press conference on Monday.
“We’re talking about a tax break that will make a meaningful
difference to the many Oklahomans and their families who work hard,
but still live paycheck to paycheck,” said Corn, D-Poteau.
“If they keep more of their overtime pay, it’s money
that’s going to go straight back into the local economy for
food, groceries, clothing and other necessities. It’s a win-win
SB 1132 would provide a state income tax exemption for overtime
pay required by the federal Fair Labor Standards Act (FLSA). Corn
said this would apply to most employees who are paid by the hour.
The legislation would not apply to employees exempt from the FLSA
overtime mandates, including executives, professionals or administrative
“Too many tax cuts approved here in Oklahoma and in Washington
D.C. seem to benefit the wealthy more than anyone else,” said
Smithson, D-Sallisaw. “There are thousands of Oklahomans who
put in overtime just to try to make ends meet, but see much of that
taken away in taxes. This bill simply lets them keep more of what
they earn and do more for themselves and their families.”
The lawmakers said they had filed a companion measure, Senate
Concurrent Resolution 43, calling on Congress to enact similar legislation
at the federal level. Both measures will be considered when the
2008 legislative session convenes in February.
For more information contact:
Senator Corn's Office - (405) 521-5576