Senator Randy Bass, Chairman of the Senate Committee on Veterans and Military Affairs, said a bill aimed at lowering taxes for Oklahoma military retirees is on its way to Governor Brad Henry for his signature.
Bass, (D-Lawton) said House Bill 1476 will exempt $10,000 or half of military retirement pensions, whichever is greater, from state income taxes for members of Oklahoma’s military family.
“We must honor those who serve our country and defend our freedom,” Bass said. “House Bill 1476 does that by giving much needed tax cuts to Oklahomans who have spent their lives protecting the very freedoms we hold so dear.”
Senator Bass said issues concerning the military will always be among his top priorities.
“I am committed to sending a message to our military family in Oklahoma that says we honor their service to our country,” the Senator said. “I am pleased the Oklahoma Legislature is sending HB 1476 to Governor Henry for his signature today because I believe this measure sends that message loud and clear.”