HB 3075: Public finance; Oklahoma Common Cents Act; cash payments; rounding; effective date. - Oklahoma

Floor (House) → Floor (Senate) · 3 edits

MINOR

The bill was amended to reflect its progression from the House to the Senate floor, updating the header to indicate it is the 'Senate Floor Version' and adding a specific committee report from the Senate Revenue and Taxation Committee. The substantive policy content regarding the rounding rules for cash payments remains identical to the House version, with no changes to the rounding methodology, exemptions, or legal definitions.

Scope change

The scope of the bill's applicability and legal requirements has not changed; only the procedural status and committee attribution were updated.

TECHNICAL

The document header was updated from 'House of Representatives - Floor Version' to 'Senate Floor Version' and the date was changed to April 13, 2026, to reflect the bill's current status in the legislative process.

A new line was added citing the 'Committee Report by: Committee on Revenue and Taxation' dated April 13, 2026, replacing the previous House committee report.

TIMELINE

The effective date for the mandatory rounding rules was changed from July 1, 2027, to November 1, 2027, while the permissive rounding period remains until July 1, 2027.

House Committee Substitute → Floor (House) · 2 edits

MINOR

The bill text was updated to reflect the House Floor version, replacing the Committee Substitute header with the official floor version designation. The substantive content regarding the rounding rules for cash payments and the effective date remains unchanged.

Scope change

No change to the bill's scope or applicability; the changes are purely formatting and version identification.

TECHNICAL

Updated the document header from 'Committee Substitute' to 'House of Representatives - Floor Version' to indicate the bill has been amended by the full House.

Adjusted page numbering and formatting markers to align with the official floor version of the document.

Proposed Policy Committee Substitute 1 → House Committee Substitute · 3 edits

MINOR

The bill was amended to replace the 'Proposed Policy Committee Substitute' with a 'House Committee Substitute,' incorporating specific changes to the rounding rules and administrative requirements. The most significant substantive change is the addition of a new subsection (D) requiring that overages or shortages from cash tax payments be accounted for from the county's portion of unappropriated revenue, rather than the general fund. Additionally, the bill's effective date was updated from July 1, 2026, to July 1, 2027, and the document was renumbered to reflect the House version.

Scope change

The bill's scope regarding financial accountability for tax payments was expanded by mandating that cash payment discrepancies be funded specifically from county unappropriated revenue.

FISCAL

Added a requirement that overages or shortages from cash tax payments must be accounted for from the county's portion of unappropriated revenue for the general fund.

TIMELINE

Changed the effective date of the act from July 1, 2026, to July 1, 2027.

TECHNICAL

Updated the document title from 'Proposed Policy Committee Substitute' to 'Committee Substitute' and changed the request number from 16040 to 16694.

Proposed Committee Substitute (full committee) 1 → Proposed Policy Committee Substitute 1 · 4 edits

MODERATE

The bill was reclassified from an 'Oversight' version to a 'Policy' version, indicating a shift in legislative focus from monitoring implementation to establishing the rules themselves. The text was streamlined to remove redundant headers and formatting errors, while the core content regarding cash rounding rules and effective dates remained substantively consistent.

Scope change

The bill's scope remains focused on public finance and the 'Oklahoma Common Cents Act,' with no changes to the entities subject to the rounding requirements or the specific rounding logic.

TECHNICAL

The document title and header were updated from 'Proposed Oversight Committee Substitute' to 'Proposed Policy Committee Substitute,' reflecting a change in the legislative process stage rather than the law's content.

Redundant text blocks, such as repeated 'New Law' headers and page footers, were removed to streamline the document structure.

Minor formatting adjustments were made to line numbers and spacing throughout the document to align with the new policy version.

TIMELINE

The effective date for mandatory rounding was adjusted from July 1, 2027, to July 1, 2026, moving the requirement into effect one year earlier.

Engrossed → Proposed Committee Substitute (full committee) 1 · 1 edit

MINOR

The bill text was replaced with a committee substitute version that reorganized the layout and page numbering but retained the exact same substantive policy language. No changes were made to the rounding rules, effective dates, or which entities are required to comply.

Scope change

No substantive change to the bill's scope or applicability; the content remains identical to the previous version.

TECHNICAL

The document structure was updated to reflect a committee substitute format, including new headers, page footers, and amendment metadata, while the actual legal text of the bill remained unchanged.

Amended And Engrossed → Engrossed · 2 edits · Apr 28, 2026

MINOR

The Senate amended the bill to replace the original effective date with a new start date of November 1, 2026, and updated the bill's title to reflect this change. This adjustment delays the implementation of the rounding requirements for cash transactions by several months compared to the original version.

Scope change

The scope of the bill remains the same regarding which transactions and entities are affected, but the timeline for when these rules must be followed has been extended.

TIMELINE

The effective date for the rounding requirements was changed to November 1, 2026.

TECHNICAL

The bill title was updated to conform to the new effective date.

Enrolled (final version) → Amended And Engrossed · 3 edits · Apr 28, 2026

MINOR

The bill was amended to change the effective date of the mandatory rounding rules from July 1, 2027, to July 1, 2026, and to add a formal declaration of emergency to expedite implementation. The amendment also reorganized the bill's structure by deleting and renumbering sections to align with the final enrolled version.

Scope change

The scope of mandatory rounding rules was accelerated by one year, requiring political subdivisions and state entities to begin mandatory rounding on July 1, 2026, instead of the original July 1, 2027.

TIMELINE

The mandatory rounding requirement date was moved forward by one year to July 1, 2026.

REQUIREMENT

A new Section 5 was added to declare an emergency, allowing the bill to take effect immediately upon passage and approval.

TECHNICAL

Sections were renumbered and restructured to match the final enrolled format, including the addition of an amendment header.

Introduced → Enrolled (final version) · 4 edits · Mar 25, 2026

MODERATE

The bill was finalized and enrolled for signature, incorporating significant clarifications to the rounding rules and effective dates. The most critical change is the addition of a mandatory compliance deadline of July 1, 2027, for political subdivisions, replacing the previous optional start date. Additionally, the act now explicitly requires state agencies to round prices charged to individuals, whereas the original draft only addressed rounding for political subdivisions.

Scope change

The bill's scope was expanded to explicitly require state agencies, boards, and commissions to round prices for individuals, in addition to the existing rules for political subdivisions. The applicability of the rounding rules was also clarified to strictly apply only to cash payments.

REQUIREMENT

Added a mandatory effective date of July 1, 2027, for political subdivisions to begin rounding cash payments, removing the previous option to delay implementation until January 1, 2027.

Clarified that the rounding rules apply strictly to cash payments and explicitly exclude checks, debit cards, credit cards, and digital payments.

SCOPE

Expanded the bill's requirements to mandate that state agencies, boards, and commissions round prices charged to individuals, whereas the original draft only applied to political subdivisions.

TIMELINE

Adjusted the effective date for the entire act to November 1, 2026, while maintaining the staggered mandatory implementation date for political subdivisions.

Public finance; Oklahoma Common Cents Act; cash payments; rounding; effective date.

What changed between versions

How they voted

Actions timeline

Sponsors