A real woolly-booger: Gov. Kevin Stitt promises not to let possible repeal of business incentive interfere with Tesla bid – TulsaWorld

Tulsa World

Gov. Kevin Stitt assures that the Senate Bill wouldn’t affect the Tesla bid

A woolly-booger, in legislative parlance, is a sort of surprise — something put into a bill that makes it all the way to the governor, and sometimes into law, without its true intent being generally realized.

This particular woolly-booger is a provision in Senate Bill 1595 that repeals the qualifications for Oklahoma’s Manufacturing Ad Valorem Tax Exemption, a business incentive particularly common in the Tulsa area and one apparently included in materials provided to Tesla.

https://www.tulsaworld.com/business/a-real-woolly-booger-gov-kevin-stitt-promises-not-to-let-possible-repeal-of-business/article_d1c3ccbf-38fe-50bf-9ccd-912d78cc51c8.html

Check out the full story at Tulsa World: https://www.tulsaworld.com/business/a-real-woolly-booger-gov-kevin-stitt-promises-not-to-let-possible-repeal-of-business/article_d1c3ccbf-38fe-50bf-9ccd-912d78cc51c8.html

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