HB4473 creates an Inflation Relief Stimulus Fund in the state budget and would appropriate $75 per individual tax filer and $150 for couples who joint file. This would total $181 million dollars.
The Oklahoma State Senate passed HB4473 on May 20, 2022 by a vote of 33 to 10. We have assigned pluses to the nays because this Inflation Relief Stimulus Fund is only temporary relief. The state government should look for a more permanent solution, such as tax decreases which shrink the size of government and hopefully the legislature will act on that soon.