Chamber backs up support for issue

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October 18, 2012

Chamber backs up support for issue

Barry Porterfield Pauls Valley Democrat The Democrat Thu Oct 18, 2012, 07:16 AM CDT

bporterfield@pvdemocrat.com — Members of a Pauls Valley business group have made their support of an Oklahoma state election measure official by voting to put that backing down on paper.

Various board members of the PV Chamber of Commerce approved earlier this week a resolution showing their support for the passage of State Question 766.

The chamber’s support of the measure, first expressed by chamber President Della Wilson in a letter published in the Oct. 14 edition of the PV Democrat, was made official with the resolution on Tuesday.

One board member, Jan Moran, said it was important for all chamber officials to lobby at their place of work for the state question she describes as a “pro business issue.”

“It’s extremely important to cascade this information to our businesses,” Moran said.

“This is something that would impact all of us,” she said. “I’m really proud we’re taking a stand on this.”

Various organizations across the state are supporting the measure with the State Chamber of Oklahoma leading the way.

Officials with the state chamber recently announced that Gov. Mary Fallin will serve as honorary chair of a coalition supporting passage of the measure.

State Question 766 is a measure that would exempt all “intangible personal property” from ad valorem property taxes.

An ad valorem property tax is a tax imposed upon the value of property.

Intangible property is still currently taxed but would not be taxed if the measure is adopted.

It includes such items as retirement benefits, insurance policies, mineral interests, leases and permits and various certifications and professional licenses.

“It’s paramount we get out there and communicate the message,” Moran said.

“It’s important to tell people to vote yes on this.”

The local chamber is also publicly supporting State Question 764, which is focused on loan financing programs for drinking water and wastewater infrastructure projects without any new taxes.

Any voters who would like to know more about all six state questions on the Nov. 6 general election ballot are invited to an open gathering in Pauls Valley in a couple of weeks.

Educator Dr. Tim Mauldin will give a presentation on each of the questions starting at 6:30 p.m. Tuesday, Oct. 30 at the PV Public Library, 210 North Willow.

Mauldin was an Oklahoma delegate at the Democratic National Convention this past summer.

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