Wire transmitter fees; fee amount; effective date.

HB 1454 changes fees for businesses that send money electronically (wire transmitters) in Oklahoma. It sets a fee of $5-$10 per transaction under $500, plus 1-2% on amounts over $500, requiring quarterly payments to the Oklahoma Tax Commission. Revenue funds the Drug Money Laundering and Wire Transmitter Revolving Fund, and customers may claim a tax credit equal to the fee when filing income taxes. The bill takes effect November 1, 2025, and includes enforcement measures like license suspension for non-compliance.