HB 3375 dice and roulette gambling extension N is conservative, Y is liberal. Gambling is good for whoever owns the casinos, not good for society at large. This is corporate welfare given to the Indian tribes and not allowed to other citizens. And the state gets a tiny fraction of the winnings while it deals with the embezzlement and crime caused by the gambling addicted. Families have less money for raising kids or retirement or building a business. Should gambling be illegal? Perhaps not, but we shouldn’t be making money off it and encouraging other government entities like the tribes to strip more cash away from society.
HB 3407 Mandates OKIE call before digging on property N is conservative, Y is liberal. Whose land is it anyway? It makes sense to encourage landowners and contractors to call OKIE to flag existing infrastructure underground before digging but most landowners are going to know if there is anything there. Digging a pond out in the back 40 is no risk to utilities. Those that refuse to check are already responsible for any damage so why increase the nanny state?
SB 923 expansion of the Quality Jobs Program N is conservative, Y is liberal. A long time corporate welfare tax credit that does little to generate new jobs. Companies are going to locate where labor is available, where cheap land and buildings are to be had, not because they get a 5% tax credit on their payroll costs. States try to outbid each other and companies wind up chasing tax credits only to leave the state once the tax credits dry up.
SB 1252 Events incentive act N is conservative, Y is liberal. Another corporate welfare scheme that does nothing to bring events to the state. Promoters go where the customers or fans of the event are. We had plenty of shows, games, and events before this bill was passed and all it does is drain tax coffers.
SB 1584 Conservation bond debt N is conservative, Y is liberal. Bonds are always bad business because the money is paid back at high interest while the bond holders borrow cheap commercial money to invest in the bonds and the bond selling companies rake in huge commissions. Many times the bonds are not available to the working class or middle class but reserved for favorite customers. If the state needs a building it can afford to save up and pay cash. The Oklahoma Constitution says “No state debt” and that was the case until the late eighties when the Supreme Court traded a favorable bond ruling in exchange for millions of dollars put into their pension plan.
SB 1590 bond issue prisons N is conservative, Y is liberal. Same as above. Yes we need prisons but we shouldn’t be financing in this manner. The state can borrow money just as easily as the investors but the shell game needs continued so that we can pretend the bond debt isn’t debt.