Kansas Gas Service ordered to pass tax break on to customers

Revision from KCC: The total amount of the tax savings realized by Kansas Gas Service in the accrued regulatory liability account is approximately $16.6 million. The one-time bill credit for residential customers will be $21.06 instead of $22.78 as stated yesterday. The amounts are slightly lower than what was included in yesterday's release due to the fact that on February 6th, new rates were put in place for Kansas Gas Service customers. The new rates took into account the lower tax rate,...

Kansas Senate committee endorses tax relief bill

Republican legislators in Kansas have advanced a proposal aimed at preventing corporations and individuals from paying more state income taxes because of changes in federal tax laws.    A GOP-controlled Senate committee endorsed a tax relief bill Thursday on a voice vote. 

Oklahoma medical marijuana sales generate tax revenue

Increasing sales of medical marijuana are putting revenue in Oklahoma's state coffers.Numbers from the Oklahoma Tax Commission show sales reached nearly $1 million in December, generating about $70,000 for the state from a special new tax on pot sales.