Tag: oil tax credits

Governor’s budget proposes major changes to oil tax credits

The governor's budget gets about half a billion dollars from the oil and gas industry, proposing deep cuts to the state's system of oil and gas tax credits.

Report recommends limited changes to oil tax credits

The state paid out more than half a billion dollars in refundable tax credits this past year -- and gave up another half a billion in credits deducted from companies' tax liabilities. Download Audio