SB 1121 Oklahoma Senate · 2026 Regular Session

Taxation; creating the Joint Interim Committee on the Elimination of Ad Valorem Taxes; prescribing duties and powers; requiring submission of report. Effective date.

SB 1121 creates a 10-member Joint Interim Committee (5 from each chamber) to study how to replace local property taxes (ad valorem taxes) if they were eliminated. The committee must examine alternative tax methods, assess revenue impacts on local governments, determine necessary tax rates, and evaluate redistribution mechanisms to address funding gaps. It will report findings and recommendations to the Legislature by July 2028, with the committee dissolving in 2030. This bill directly affects Oklahoma counties, cities, and other local governments that currently rely on property tax revenue.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 3, 2025 Last action Feb 26, 2025

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What changed between versions

SB1121 (3-06-25) (DEEVERS) FS FA1.PDF → Floor (Senate) · 4 edits

MODERATE

The bill was amended to add a conditional effective date requirement, linking the bill's implementation to another piece of legislation (Senate Joint Resolution No. 12). The committee composition and study requirements were slightly modified, with the committee name changed to lowercase and the study scope adjusted to specifically reference the state question. The effective date was moved from Section 2 to a new Section 3 to clarify the conditional nature of the law.

Scope change

The bill's applicability is now contingent upon the passage and effectiveness of Senate Joint Resolution No. 12, which was not a condition in the original version.

REQUIREMENT

Added a new Section 3 requiring that the act only becomes effective if Enrolled Senate Joint Resolution No. 12 also becomes law.

TIMELINE

Moved the effective date provision from Section 2 to a new Section 3 to accommodate the conditional effective date requirement.

DEFINITION

Changed the committee name from 'Joint Interim Committee' to 'committee' in lowercase in several instances throughout the text.

SCOPE

Modified the study requirements to explicitly reference the 'state question proposed by Enrolled Senate Joint Resolution No. 12' when considering alternative taxation methods.

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 17, 2025

Upper · Passed

Reported Do Pass as amended Revenue and Taxation committee; CR filed

upper

Feb 3, 2025

Introduced

First Reading

upper

2 primary · 0 co-sponsors