Revenue reductions definition

Revenue reductions means the amount of income tax revenue which is exempt pursuant to subparagraph b of paragraph 5 of subsection E of Section 2358 of Title 68 of the Oklahoma Statutes.

Examples of Revenue reductions in a sentence

  • Revenue reductions to the residential class will be implemented by not changing rates for usage up to 130 percent of baseline, and by proportionally reducing generation surcharges in Tiers 3, 4 and 5 to ensure the proper revenue is collected from residential class.