Bill could cut Oklahoma's mandatory grocery, gas tax

OKLAHOMA CITY (KFOR) – A bill to repeal a 76-year-old law in Oklahoma will be heard on Tuesday in the House Commerce and Economic Development Oversight Committee.

The Price Control Act was enacted into law in 1949 and added a 6% markup to goods and essential items, like gasoline, groceries, pet food, and medications. Oklahoma is one of only seven states to have the tax, and the second highest percentage among states who still implement a similar markup tax.

"Most other states...