Revenue and taxation; clean burning motor vehicle fuels; insurance premium tax credits.
House Bill 1427 modifies Oklahoma's tax credits for investments in clean-burning motor vehicle fuel property. For tax years up to 2028, it continues to allow a one-time credit against state income tax for qualified investments. A key change is the introduction of an alternative option, allowing credits for investments made on or after the bill's effective date to be claimed against state insurance premium taxes. This applies to equipment for modifying vehicles to run on fuels like compressed natural gas or hydrogen, new alternative fuel vehicles, and public fueling infrastructure, including electric vehicle charging stations. The credit amounts vary based on the type of property and vehicle weight.
Bill status
passed both
4 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Apr 2025
House Passage
Mar 2025
Senate Passage
May 2025
Governor
Introduced Feb 3, 2025
Last action May 8, 2025
Maddy AI version diff · 4 comparisons
What changed between versions
Floor (House)
→
Floor (Senate)
·
4 edits
MODERATE
The bill was amended to transition from a House floor version to a Senate floor version, incorporating changes made by the Senate. The substantive policy content regarding the clean-burning motor vehicle fuel property credit remains largely the same, though some formatting and page numbering were updated to reflect the Senate's version.
TECHNICAL
The document was reformatted to reflect the Senate floor version, including updated page numbers and the addition of a Senate amendment date (April 23, 2025).
A new line was added crediting Senator Rader for the Senate amendments.
The 'Committee Substitute' designation was removed and replaced with 'Engrossed House' designation.
The effective date language in the credit section was slightly rephrased to clarify the timing of when investments or credits must be made.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
28
Key actions
7
Committee
7
Amendments
1
May 8, 2025
Upper · Passed
Motion to reconsider vote adopted: Ayes: 27 Nays: 15
upper
May 7, 2025
Introduced
General Order, Amended
upper
Apr 23, 2025
Upper · Passed
Reported Do Pass Appropriations committee; CR filed
upper
Apr 17, 2025
Committee
Referred to Appropriations
upper
Apr 17, 2025
Upper · Passed
Reported Do Pass as amended Energy committee; CR filed
upper
Mar 25, 2025
Introduced
First Reading
upper
Mar 25, 2025
Lower · Passed
Engrossed, signed, to Senate
lower
Mar 24, 2025
Committee
Referred for engrossment
lower
Mar 24, 2025
Lower · Passed
Third Reading, Measure passed and Emergency failed: Ayes: 65 Nays: 25; Ayes: 65 Nays: 25
lower
Mar 6, 2025
Lower · Passed
CR; Do Pass, amended by committee substitute Appropriations and Budget Committee
lower
Feb 24, 2025
Lower · Passed
Recommendation to the full committee; Do Pass, amended by committee substitute Appropriations and Budget Finance Subcommittee
lower
Feb 4, 2025
Committee
Referred to Appropriations and Budget Finance Subcommittee
lower
Feb 3, 2025
Introduced
First Reading
lower
2 primary · 0 co-sponsors
Sponsors
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