Keating signs tax rebate bill into law

OKLAHOMA CITY (AP) _ Federal tax rebates won't count as income for state tax purposes under a bill signed into law Monday by Gov. Frank Keating. <br><br>``This guarantees that taxpayers will be able

Tuesday, October 9th 2001, 12:00 am

By: News On 6

OKLAHOMA CITY (AP) _ Federal tax rebates won't count as income for state tax purposes under a bill signed into law Monday by Gov. Frank Keating.

``This guarantees that taxpayers will be able to keep every cent of their $300 and $600 checks,'' Keating said.

The measure was passed at a special session last week. The session is in recess, but may resume later this week.

Keating signed two additional bills.

One protects earnings from a college savings program from state taxation.

The other allows the Department of Public Safety to issue fake drivers' licenses to agencies involved in covert intelligence gathering.

``This is another tool available to those on the front lines of the war on terrorism,'' Keating said.