SB 680 modifies Oklahoma's definition of "cigarette" to explicitly include heated tobacco products, expanding the scope of existing tax regulations. The bill provides a tax exemption for these products and requires the Oklahoma Tax Commission to establish rules for compliance. This directly affects manufacturers, distributors, and retailers of heated tobacco products by changing how they are classified under cigarette tax laws. The bill updates statutory definitions and references to align with this new exemption, ensuring heated tobacco products are treated consistently under the tax code.
HB 4490 creates the Oklahoma Families Thriving Everywhere Now (OFTEN) program through the Oklahoma State Department of Health, using $3 million in state funds for the 2027 fiscal year. The program provides telecare support, community outreach, and care coordination for women with high-risk pregnancies and parents of children under three, aiming to promote healthy childbirth, stable family formation, and economic self-sufficiency. Services include referrals, case management, and parenting assistance delivered by Oklahoma-based community providers. The bill takes effect July 1, 2026, and includes an emergency declaration to accelerate implementation.
HB 3984 creates the "Oklahoma Talent Attraction and Relocation Program" under the Oklahoma Department of Commerce to award grants for recruiting households relocating to Oklahoma from outside the state. It directly affects cities, towns, counties, and nonprofits (as grant applicants) and households earning at least $55,000 annually who move into Oklahoma. Key provisions include a $250,000 annual grant limit per municipality, requiring applicants to cover 20% of program costs, tying 50% of funds to meeting half the household relocation goal, and mandating detailed reports on program outcomes. The bill establishes a revolving fund to reuse repayments and unused grant money for ongoing administration.
HB 3178 changes how farm equipment and tractors are valued for property tax in Oklahoma. It requires county assessors to apply a specific 25% annual depreciation schedule: 75% of original cost in year one, 50% in year two, 25% in year three, and zero value from year four onward. This applies to equipment used in agricultural production on farms owned, leased, or operated by the owner. The bill affects Oklahoma farmers who own qualifying equipment by reducing their property tax burden after three years. It takes effect January 1, 2027.
HB 3978 creates tax credits for Oklahoma investors who fund "rural funds" that invest in small businesses located in rural areas. It allows investors to claim up to $15 million in annual state tax credits against their liability, provided the rural fund invests at least 100% of the capital in eligible businesses within three years. Eligible businesses must have fewer than 250 employees and operate primarily (60%+ payroll) in counties under 75,000 population or towns under 7,000 residents. The bill defines specific rules for qualifying investments, including restrictions on refinancing prior investments and limits on total funding per business ($6.5 million or 20% of the fund's capital). The tax credit program applies to capital investments certified after the bill's effective date.
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.
HB 2646 eliminates a limitation on taxpayers deducting wagering income when calculating Oklahoma taxable income, directly affecting individuals and businesses claiming such deductions. The bill amends Oklahoma Statute 68 O.S. § 2358 to allow full itemization of wagering income without prior restrictions. It also updates statutory references and adjusts tax year calculations for net operating losses. The bill was referred to the Governor but received a pocket veto on June 15, 2025, meaning it did not become law.
HB 2260 creates tax credits for Oklahoma civil engineering employers and employees to encourage hiring and retention. Employers can claim credits for 50% of tuition reimbursed to new hires (first 4 years) or 5-10% of compensation paid (first 5 years), capped at $12,500 annually per employee. Employees may claim up to $5,000 yearly in tax credits for 5 years, based on their degree location (in-state vs. out-of-state). The credits apply to qualified employees with ABET-accredited degrees or Professional Engineer licenses, employed by eligible engineering firms starting January 1, 2026, through 2030. The bill takes effect November 1, 2025, with all credits expiring after 2030.
SB 687 creates a rebate program for businesses purchasing equipment to expand broadband services in underserved or unserved areas of Oklahoma. It directs the Oklahoma Broadband Office and Tax Commission to administer the program, requiring equipment to directly enable broadband expansion (not operational costs) and limiting rebates to $42 million total - $31.5 million reserved for low-population-density counties. The Oklahoma Broadband Rebate Revolving Fund will pay approved claims, with payments calculated based on total eligible claims versus available funds. Providers must file claims by specified deadlines, and annual reports will track broadband project impacts without disclosing individual company names.
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.
