This bill proposes a constitutional amendment to create a five-year property tax exemption for new or expanded manufacturing facilities in Oklahoma, aiming to encourage businesses to locate or grow within the state. The exemption applies to qualifying manufacturing concerns that are new to the state or relocating, and it specifically covers expansions of existing facilities. To prevent financial harm to other local governments, the bill requires the Legislature to establish reimbursement systems for schools, counties, cities, and other entities that lose revenue due to the tax exemption, and it ensures these reimbursement amounts count toward debt limits for local governments. After the five-year exemption period ends, counties may retain up to 25% of the new property taxes generated from previously exempted facilities to fund additional economic development and job creation.
SB 1193 removes restrictions on how much money Oklahoma school districts can carry over from one year's general fund to the next and eliminates penalties for exceeding previous carryover limits. It also removes a rule that previously blocked districts with per-pupil revenue over 300% of the average from receiving state aid. The bill updates the state's school funding formula to reflect these changes, allowing districts more flexibility with their budgets. This directly affects all Oklahoma public school districts by changing how their state aid is calculated and distributed.
SB 1339 establishes a tiered minimum salary schedule for certified school personnel (like teachers) in Oklahoma public schools, based on years of experience and education level. It requires the State Board of Education to allocate state funds annually to school districts to implement these salary increases starting with the 2025-2026 school year. The bill directly affects all Oklahoma public school districts and their certified staff by mandating specific pay thresholds. The schedule includes detailed pay rates for different experience levels and degrees, with provisions for fringe benefits and out-of-state certification recognition.
HB 1427 creates tax credits for Oklahoma taxpayers who invest in qualifying clean-burning motor vehicle fuel equipment. It directly affects vehicle owners and businesses that install or purchase equipment allowing vehicles to run on compressed natural gas, hydrogen, liquefied natural gas, or liquefied petroleum gas. The bill provides tiered credits: up to $5,500 for light vehicles (under 6,000 lbs), up to $100,000 for heavy trucks (over 26,500 lbs), and 45% of costs for commercial refueling stations. Credits are limited to new, certified equipment meeting safety standards and must be claimed against state income tax. Unused credits can be carried forward for up to five years.
SB 1333 establishes Oklahoma's Water Infrastructure Enhancement Program to modernize the state's aging water systems. It creates a $50 million revolving fund from General Revenue to provide direct grants, low-interest loans, and technical assistance to communities - particularly rural areas through the Rural Economic Action Plan grant program. The bill allocates 50% of funds to a new low-interest loan program, 20% for rural grants, and 10% for outreach and planning. The program becomes effective July 1, 2026, with funds available for infrastructure projects like pipe replacements and treatment upgrades.
SB 182 modifies retirement benefits for certain Oklahoma state employees, specifically members of the Oklahoma Tax Commission. It allows these employees to elect, within 90 days of appointment, to use the highest salary allowed for their position (rather than their constitutionally capped salary) when calculating retirement contributions and benefits. This change applies to both current and newly appointed Tax Commission members, making their retirement benefits based on a higher compensation amount. The bill updates related sections of the Oklahoma Public Employees Retirement System statutes to reflect this election process.
This bill authorizes an emergency appropriation of approximately $19.66 million to the Oklahoma Department of Mental Health and Substance Abuse Services. The funds must come from the Rate Preservation Fund in the State Treasury and are designated specifically for Title XIX services, which are Medicaid-funded mental health and substance abuse programs. The legislation includes an emergency provision, allowing the funding to take effect immediately upon the governor's approval without waiting for the regular budget cycle. This action provides direct financial resources to the state agency responsible for administering mental health and substance abuse services.
SB 1714 requires Oklahoma state agencies to establish or improve internal employee suggestion programs focused on generating cost savings. Employees who submit ideas resulting in $5,000+ in annual savings may receive financial rewards of 10-25% of the savings (capped at $20,000 per person), with agencies also permitted to offer non-cash recognition for efficiency improvements. The bill creates a Statewide Cost Savings Incentive Fund, funded by 20% of all verified statewide savings, to provide supplemental funding to agencies meeting annual budget reduction targets. Agencies must annually report cost-saving suggestions, implemented measures, and savings to state leadership, with the new Incentive Awards Committee recognizing top contributors.
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.
