State of Oklahoma Archives: on Technology


T.W. Shannon: Consistently opposes bond issues to pay for infrastructure

Shannon has consistently opposed any effort for a bond issue to pay for state infrastructure improvements, and he has pushed for deeper cuts to the state's income tax, despite projections that the state will have about $170 million less to spend next year. He also is pushing to make permanent a generous tax subsidy to the oil and gas industry that is costing the state hundreds of millions of dollars annually.

"If we're serious about addressing the needs of state government, we need to be serious about growing our economy, and raising taxes is not the way to do that," Shannon told the AP in an interview earlier this month. "You do that by allowing people and businesses to keep more of the money they earn. When they do, they either spend it or invest it, and that's how you grow your state, not by raising taxes."

Source: Associated Press on 2014 Oklahoma Senate race Jan 29, 2014

Mary Fallin: Focus on aerospace, energy, agriculture, biosciences, & STEM

I want to focus our state on industries that have the greatest potential for wealth generation and job growth. Data shows that aerospace and defense, energy, agriculture and biosciences, information and financial services, and transportation and distribution offer the greatest potential to raise our income levels and create better jobs.

Department of Commerce has made this plan available at www.okcommerce.gov. It is designed to be a policy guide to answer questions like: which tax credits are most effective at creating jobs? Which industries should we focus our efforts on as we work to modernize, update or reduce regulation? Most importantly, how can we best attract the jobs of the future?

The answer, as our study shows, is by strengthening our workforce. One way to do that is by emphasizing STEM--or science, technology, engineering, and mathematics--in all levels of public education. STEM jobs are now growing at a rate that is three times faster than non-STEM jobs.

Source: 2013 State of the State to Oklahoma Legislature Feb 4, 2013

Brad Henry: Biotech and nanotech startups transform our lives

Biotech startups and nanotechnology are revolutionizing how we view ourselves and the world around us. Medical breakthroughs at institutions like the Oklahoma Medical Research Foundation are changing the face of medicine and saving lives. Information technology, aviation and aerospace are shrinking the planet and transforming our lives. Sensor technology and weather research are protecting our homes and families. Renewable energy promises a cleaner planet and new jobs in rural Oklahoma.
Source: Oklahoma 2010 State of the State Address Feb 1, 2010

Brad Henry: EDGE Endowment: make OK into Research Capital of the Plains

The Competitive EDGE: Three years ago, we launched the EDGE Endowment with the simple but bold goal of transforming Oklahoma into the Research Capital of the Plains. Biotech, aerospace, renewable energies, knowledge-based industries--these are the gateways to a thriving economy in the global age.

Only self-imposed limitations on imagination and commitment can hold us back. Thanks to EDGE, our state has a unique tool to nurture research and enterprise that will create good-paying jobs and growth opportunities. But, the endowment remains far below the ultimate goal of $1 billion.

Each year that we fail to act puts us at a greater competitive disadvantage. By dedicating future interest earnings from the Rainy Day Fund as well as a portion of future annual state investment earnings, the cutting-EDGE investment of today will become the cutting-EDGE research and jobs of tomorrow. I urge you to join me in establishing a permanent funding source for this critical endowment.

Source: 2009 State of the State address to Oklahoma legislature Mar 2, 2009

Frank Keating: Tax credits for stock options and R&D

This budget proposes certain growth measures to attract and sustain exciting new businesses. Tax credits for gains on employee stock options for start-up businesses, research and development tax credits, and a request that those research and development tax credits become refundable to boost capital and student loan relief for start-up employees in start-up high tech firms.
Source: 2001 State of the State address to Oklahoma legislature Feb 5, 2001

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Page last updated: Apr 20, 2014