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Mike Mazzei

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Mike Mazzei
Oklahoma Secretary of Budget
In office
2019–2020
GovernorKevin Stitt
Preceded byPosition Created
Succeeded byJohn Laws
Member of the Oklahoma Senate
from the 25th district
In office
November 17, 2004 – November 22, 2016
Preceded byCharles Ford
Succeeded byJoe Newhouse
Personal details
Born1965
Political partyRepublican
ResidenceTulsa, Oklahoma
Alma materGeorge Mason University
WebsiteMike Mazzei's Personal Website

Mike Mazzei is a former Republican United States politician from the U.S. state of Oklahoma and was an assistant majority floor leader of the Oklahoma Senate.

Electoral history

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Mazzei was elected by an overwhelming majority in a five-person Republican primary in 2004. The Democratic Party did not field a candidate and no independent or third-party candidate filed for the general election; thus, the primary win resulted in his election to the Oklahoma Senate.

Mazzei faced no opposition in his 2008 election bid. In 2012, he faced a challenge in the Republican Primary election. He defeated Ronda Vuillemont-Smith to secure re-election.

Personal life

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Mike Mazzei, is the Founder and CEO of Trinity Strategic Wealth. A Certified Financial Planner® professional and Master Planner Advanced Studies®, he created The Financial Freedom Process™ to help individuals develop comprehensive life, financial and investment strategies that enable them to reach greater success, enjoy life to the fullest and leave lasting legacies.

Mazzei is a graduate of George Mason University and the College for Financial Planning, and is a member of the Financial Planners Association. Mike belongs to Asbury United Methodist Church and serves on the board of The Salvation Army.

He and his wife, Noel, reside in Tulsa, Oklahoma, and have five adult children.

Public Service Record

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Mazzei was appointed as co-chairman of the Senate Finance Committee in 2006 and reappointed as the sole chairman upon the Republican majority election in 2008. He was also named to serve as a Republican assistant floor leader in the Oklahoma State Senate in 2007, and in 2008 was elected to serve as assistant majority floor leader.

Among his accomplishments in office, Mazzei lists the following:[1]

  • Championed a series of state pension reform laws from 2006 to 2011 that saved Oklahoma taxpayers billions of dollars, stopped the bleeding of the state pension systems, put more dollars into the failing Teacher Retirement System and reformed all pension systems to properly require funding for cost-of-living adjustments. At the time of passage, the bill was estimated to save taxpayers $6 billion over time. To this day, all state pension systems are on course for a proper level of funding to secure retirement payments for teachers, troopers and state employees thanks to these critical reforms. ​
  • Presented and led the passage of a tax relief package that lowered the state income tax rate from 5.65% to 5.25%, established Oklahoma’s first “back to school” sales tax holiday, and eliminated the franchise tax for a majority of Oklahoma small businesses.
  • Presented and Passed legislation allowing the people of Oklahoma to amend the Constitution to make sure Oklahoma businesses do not have to pay taxes on intangible properties.
  • Authored legislation to establish a business deal closing fund (The Quick Action Closing Fund) which enables Oklahoma to invest in infrastructure projects to attract jobs to Oklahoma. The State will retain a vested interest in all joint public-private business deals with "claw-back" penalties for companies that don't produce the jobs specified for the business project.

​* Authored legislation to create the 21st Century Quality Jobs Incentive Act, which builds on the highly successful Quality Jobs Program to grant even greater incentives to companies who produce jobs that offer a salary significantly higher than Oklahoma's average income per person.

  • Authored legislation to end the five-year ad valorem tax exemption for new wind farms developed on or after January 1, 2017. By ending this overly generous tax subsidy, Oklahoma taxpayers are estimated to save over $40 Million per year.
  • Authored legislation to eliminate a special retirement benefit feature for Oklahoma elected officials. This feature enabled Oklahoma legislators to accumulate twice the monthly benefit of a regular state employee. Going forward, elected officials now have the same type of retirement benefits as regular state employees.
  • Co-authored legislation to create the Revenue Stabilization Fund, which receives excess revenues from the gross production tax above a five-year rolling average and serves as a resource when revenue failures and projected shortfalls occur.
  • Co-authored legislation to reduce the top marginal individual income tax rate from 5.25% to 5.0% beginning with tax year 2016 and to 4.85% for subsequent tax years, contingent upon certain revenue growth. When fully implemented, this plan is estimated to save Oklahoma taxpayers $200 Million.​

Election results

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July 27, 2004, Primary Election results for Oklahoma State Senator for District 25
Candidates Party Votes %
Mike Mazzei Republican Party 6,374 61.61%
Joan King Hastings Republican Party 1,611 15.57%
Doug Gorman Republican Party 1,433 13.85%
Dennis Loudermilk Republican Party 788 7.62%
Fran Moghaddam Republican Party 139 1.34%
Source: [1]
June 26, 2012, Primary Election results for Oklahoma State Senator for District 25
Candidates Party Votes %
Mike Mazzei Republican Party 5,492 73.53%
Ronda Vuillemont-Smith Republican Party 1,977 26.47%
Source: [2]

References

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  1. ^ As Chief Transportation Advisor