State government; creating the United States Semiquincentennial Celebration Taxpayer Relief Act. Emergency.

SB 1544 redirects $750 million in unused federal pandemic relief funds (from the American Rescue Plan Act) to fund a one-time taxpayer rebate program. It provides eligible Oklahoma residents who filed individual or joint tax returns for 2024 or 2025 with a $250 rebate (or $500 for joint filers), paid via direct deposit or mailed check by June 30, 2026. The bill reclassifies existing federal funds to offset state obligations rather than creating new spending, ensuring compliance with federal guidelines. The Oklahoma Tax Commission administers the program, with oversight by the Joint Committee on Appropriations and Budget, and requires a report to the Legislature and Treasury by March 2026.