Budget & Taxes

in committee · Oklahoma · House Mar 5, 2026

HJR 1053: Oklahoma Constitution; ad valorem taxation; revenue neutral tax rates; procedures; ballot title; filing.

HJR 1053 proposes a constitutional amendment requiring Oklahoma local governments to calculate a "revenue neutral rate" for property taxes each year, which would generate the same revenue as the previous year based on current property valuations. If a county, city, or school district seeks to exceed this rate, it must hold a public hearing, provide detailed written notice to property taxpayers 10 days in advance (including comparisons to prior tax rates), and obtain a majority vote from its governing body. The bill mandates refunds to taxpayers if local governments fail to follow these procedures when levying taxes above the revenue neutral rate. It excludes taxing districts receiving under $5,000 annually in property tax revenue.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRequires revenue-neutral property tax rates, restricting local tax hikes without voter approval per bill's explicit language.95% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

Track

in committee · Oklahoma · House Mar 5, 2026

HJR 1054: Oklahoma Constitution; ad valorem taxation; business inventory; ballot title; filing.

HJR 1054 proposes a constitutional amendment exempting business inventory from Oklahoma's ad valorem property tax starting January 1, 2027. It directly affects for-profit businesses, estates, and trusts that record inventory in their books for tax purposes. The key provision adds Section 6D to Article X of the Oklahoma Constitution, exempting "personal property described as inventory" in business records. This would require voter approval through a legislative referendum, as outlined in the proposed ballot title. The amendment does not change existing tax rules for non-inventory business property.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExempts business inventory from ad valorem tax, reducing state tax revenue and weakening the tax base.95% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

Track

signed · Oklahoma · Senate Jun 11, 2025

SB 140: Mathematics instruction; directing expenditure of certain funds; creating the Oklahoma Math Achievement and Proficiency Act. Effective date. Emergency.

This bill, titled "Mathematics instruction..." but actually amending the Oklahoma Higher Learning Access Program, adjusts financial eligibility rules for students seeking higher education support. It raises income thresholds for program qualification (e.g., $80,000 annually for families with five+ children starting in 2025-2026) and adjusts age limits for participation (extending to age 18 for some applicants). Students must meet updated income requirements and comply with program terms like regular school attendance and avoiding substance abuse to maintain eligibility. The bill directly affects Oklahoma students in grades 5-11 seeking financial aid for post-secondary education through this state program.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRaises income thresholds for program eligibility, reducing state expenditure on higher education access by limiting qualifying applicants.85% confidence ✗ EducationOpposes EducationRaises income thresholds for higher education funding eligibility, restricting access to support programs for qualifying students.90% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

signed · Oklahoma · Senate May 29, 2025

SB 50: Sales tax; exempting sales tax on purchase of gun safes and guns safety devices. Effective date.

SB 50 exempts the purchase of gun safes and gun safety devices from Oklahoma's sales tax. This change directly affects consumers who buy these items for personal use, as they will no longer pay state sales tax on these purchases. The bill amends Oklahoma's sales tax code (Section 1357) to add gun safes and safety devices to the list of tax-exempt items, aligning with existing exemptions for other safety equipment. The law took effect on May 29, 2025, after becoming law without the governor's signature.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill reduces state tax revenue by exempting gun safes/safety devices from sales tax, weakening the tax base and state budget revenue.90% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

signed · Oklahoma · House May 29, 2025

HB 2768: Revenue and taxation; Oklahoma Quality Jobs Incentive Leverage Act; increasing certain limitation caps related to qualifying investment amounts.

HB 2768 increases the maximum investment cap for Oklahoma's Quality Jobs tax incentive program from $250 million to $700 million. It applies to existing manufacturing companies (SIC code 3011) already participating in the program that seek to expand facilities, requiring them to file a new application before certain tax payments are due. Companies must complete $700 million in facility modernization within five years (with a possible one-year extension if 80% is done by year five) to qualify for additional tax incentives. This change allows larger businesses to claim more tax benefits for qualifying investments under the program.

Topics ✗ Budget & TaxesOpposes Budget & TaxesIncreases tax incentive cap, reducing state revenue by allowing more tax breaks for businesses, weakening budget management.92% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

signed · Oklahoma · House May 29, 2025

HB 2797: Health Care Authority; prohibiting use of certain methodology; audits; fraud reporting; requiring joint collaboration between Department of Mental Health and Substance Abuse Services and Department of Human Services; duties; emergency.

HB 2797 prohibits Oklahoma's Health Care Authority (OHCA) from using statistical methods like extrapolation to audit Medicaid home and community-based service claims, which could require providers to repay overpayments. It invalidates all past audits using these methods (January 2020-November 2025) and voids related repayment demands. The bill requires OHCA and the Department of Human Services to jointly develop new audit standards and provide training for providers by November 2027. It also mandates compliance with existing fraud reporting rules and updates audit responsibilities for Medicaid waiver programs.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill voids Medicaid repayment demands, reducing state revenue collection and directly impacting budget management.85% confidence ✓ HealthcareSupports HealthcareProhibits audits requiring Medicaid providers to repay claims, invalidating past repayment demands and protecting provider funding, which supports healthcare access and provider stability.85% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

signed · Oklahoma · Senate May 29, 2025

SB 287: Income tax; modifying tax years for aerospace tax credit. Effective date.

SB 287 extends Oklahoma's aerospace tax credit program, allowing employers in the aerospace sector to claim credits for tuition reimbursement and compensation paid to qualified employees through 2031. The credit for tuition is 50% of the cost (capped at the average public tuition in Oklahoma) for the first four years of employment, while the credit for compensation is 10% for employees with Oklahoma degrees or 5% for out-of-state graduates, applicable for the first five years of employment. This bill affects aerospace businesses and certain educational institutions, specifically targeting employees with ABET-accredited aerospace engineering degrees or licensed engineers.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill extends tax credit for aerospace sector, reducing state revenue through targeted tax break, weakening budget revenue stream.95% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

signed · Oklahoma · Senate May 15, 2025

SB 1112: Lodging tax; excluding discounted or comped rooms or lodging from gross receipts upon which a lodging tax is levied. Effective date.

This Oklahoma bill changes how lodging tax is calculated by excluding free rooms (comped) and discounted rooms where hotels receive no payment from taxable income. It applies to all counties and cities collecting lodging tax under existing law. Hotels will no longer owe tax on rooms provided at no cost to customers or employees, or discounted rooms without third-party reimbursement. The change takes effect January 1, 2026.

Topics ✗ Budget & TaxesOpposes Budget & TaxesExcludes comped/discounted rooms from taxable income, reducing state lodging tax revenue and weakening tax base for budget purposes.90% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

signed · Oklahoma · House May 12, 2025

HB 1205: Revenue and taxation; repeal; small wind turbine tax credit; effective date.

HB 1205 repeals Oklahoma's tax credit for small wind turbine installations by removing Section 2357.32B from the state's tax code. This change directly affects small wind turbine owners and installers who previously qualified for the credit. The repeal takes effect on November 1, 2025, eliminating the tax incentive for new installations after that date. The bill is procedural and does not create new policy, only removing an existing tax provision.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRepealing tax credit for small wind turbines directly eliminates a tax incentive, reducing fiscal support for renewable energy projects.95% confidence ✗ EnergyOpposes EnergyRepealing tax credit for small wind turbines removes financial incentive, weakening renewable energy development support.90% confidence ✗ EnvironmentOpposes EnvironmentRepeals tax credit for small wind turbines, eliminating financial incentive for clean energy adoption and weakening renewable energy support per bill summary.90% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

signed · Oklahoma · Senate May 12, 2025

SB 301: Income tax; modifying credit limit for certain institute in certain tax years. Effective date.

SB 301 modifies Oklahoma's tax credit system for donations to biomedical and cancer research institutes. It reduces annual credit limits to $1.5 million for biomedical research donations and $500,000 for cancer research donations starting in 2026, down from $2 million previously. Donors to qualifying institutes (which must receive $20 million annually in NIH funding for biomedical or $4 million for cancer research) will face new caps: $25,000 for business donors to biomedical institutes, and $1,000-$2,000 for individual filers depending on filing status. The bill adjusts how credit percentages are calculated using the second preceding year's claims and ensures credits cannot exceed tax liability.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill reduces tax credit limits for research donations, restricting tax incentives and increasing state revenue by limiting donor benefits.90% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes