State Auditor Says Every Tax Credit Review Should be Public

In making a call this week for a 5% gross production tax on oil and gas and wind, State Auditor Gary Jones also said the law should include more transparency.

He says every tax credit issued by the state should under what he calls a “legitimacy review” to ensure each is worthy of taxpayer dollars. The auditor said if after the moratorium on tax credits sunsets, it is decided worthy of reviewing the credit, then the renewal process will be completely transparent.

“No more secret deals or lack of disclosure,” he said. “If you want to accept tax dollars from Oklahomans, then Oklahomans deserve to know the details.”

Listen to the second part of an interview OK Energy Today’s Jerry Bohnen had with Jones.