SB 475 Oklahoma Senate · 2025 Regular Session

Income tax credit; requiring the Oklahoma Tax Commission to verify if certain credit has been claimed for motor vehicle. Effective date.

SB 475 requires the Oklahoma Tax Commission to verify whether a specific tax credit for clean-burning motor fuel property has been claimed for a motor vehicle upon request. This affects taxpayers claiming the one-time credit (under Section 2357.22) and the Tax Commission, which must now conduct these verifications. The key mechanism is a new verification step to prevent duplicate claims for the same vehicle. The bill amends two sections of Oklahoma’s tax code and sets an effective date.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 3, 2025 Last action Mar 13, 2025

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What changed between versions

Introduced → Floor (Senate) · 4 edits

MODERATE

The bill text was reformatted from an introduced draft to a Senate floor version, with the primary substantive addition being new language in Section 205, Paragraph 7 that allows the Tax Commission to share taxpayer information with county assessors for determining gross household income and with the State Treasurer for unclaimed property administration. This expands the scope of permissible information sharing beyond the original version.

Scope change

Expanded to include specific provisions for sharing information with county assessors for gross household income calculations and with the State Treasurer for unclaimed property administration.

REQUIREMENT

Added authority for Tax Commission to provide information to county assessors for gross household income determination under Oklahoma Constitution Article X, Section 8C

Added requirement for Tax Commission to promulgate rules guiding county assessors on what information may be used for income calculations

Added authority to furnish information to State Treasurer for administration of the Uniform Unclaimed Property Act

TECHNICAL

Changed document header from 'AS INTRODUCED' to 'SENATE FLOOR VERSION' with updated date and page formatting

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 10, 2025

Upper · Passed

Reported Do Pass Revenue and Taxation committee; CR filed

upper

Feb 3, 2025

Introduced

First Reading

upper

2 primary · 0 co-sponsors