This Oklahoma bill (SB 2158) allows residents who use health care sharing ministries to deduct membership fees and administrative costs from their state income tax starting in 2027. It also makes money received from these ministries for medical expenses tax-free. To qualify, individuals must have been active members for at least one month during the tax year. The law expires if Oklahoma stops collecting individual income tax.
HB 3230 amends Oklahoma's Parental Choice Tax Credit Program to adjust income-based tax credits for parents paying for private school education. It allows tax credits of up to $7,500 annually (reduced for higher-income households) for tuition at accredited private schools, with a $1,000 cap for students using other education options. Special provisions provide full $7,500 credits for students experiencing homelessness or attending schools primarily serving financially disadvantaged students. The credit is claimed against Oklahoma state income tax for tax years 2024 and beyond, subject to specific eligibility requirements.
HB 3882 creates a new "Lake and Industrial Access Revolving Fund" within Oklahoma's State Treasury for the Oklahoma Department of Transportation (ODOT). The fund will use existing DOT-received monies to provide recurring grants through ODOT's Lake Access and Industrial Access programs, with no annual budget restrictions. It allows ODOT to reuse funds for these specific projects without needing annual legislative appropriations. The bill takes effect July 1, 2026, and declares an emergency to expedite implementation. This directly affects ODOT's grant programs and the communities/businesses receiving infrastructure support for lake access or industrial site development.
HB 3939 allocates $10 million from Oklahoma's General Revenue Fund to the Oklahoma Department of Commerce for workforce development programs in the Tulsa Metropolitan area. The funds will contract with a nonprofit focused on charitable and educational work to partner with schools and agencies, aiming to eliminate barriers to equitable opportunities and economic mobility for all students. The bill directs these programs to include workshops and initiatives specifically targeting student access to economic advancement. It becomes effective July 1, 2026.
This constitutional amendment (SJR 30) would reduce limits on annual property tax increases in Oklahoma. For most properties, it lowers the annual growth cap from 5% to 3% (for tax years 2013-2026) and from 3% to 2% (for 2027+). Homestead and agricultural properties would see similar reductions, from 3% to 2% for 2013-2026 and 2% to 1% for 2027+. Property transfers or major improvements would reset the assessment to full market value, bypassing the cap. It directly affects homeowners, farmers, and property owners subject to local property taxes.
This proposed constitutional amendment (HJR 1046) would add a 100% property tax exemption for primary residences in Oklahoma damaged or destroyed by qualifying weather events (like tornadoes, hail, or high winds). It directly affects homeowners whose primary residence becomes uninhabitable due to such events, exempting the full assessed value of the property from ad valorem taxes during the tax year of damage (or the following year if damage occurs after June). The exemption applies only to properties deemed "uninhabitable" and unable to be safely occupied for residential use. This amendment requires voter approval through a legislative referendum before taking effect.
HB 3174, the "Community Quality of Life Enhancement Act," would create a revolving fund using $60 million annually from Oklahoma's sales tax revenue. Local communities must establish a board to apply for funds to support infrastructure, parks, public transportation, cultural centers, public art, and environmental projects. The Oklahoma Department of Commerce would manage the fund and distribute allocations to qualifying communities. This bill amends sales tax apportionment rules to prioritize this fund after other state budget allocations.
HB 3590, the Oklahoma Opportunity Scholarship Act of 2026, expands tax credits for Oklahoma taxpayers who contribute to scholarship-granting organizations. It increases the maximum annual tax credit: to $5,000 for single filers (up from $1,000), $10,000 for married couples filing jointly (up from $2,000), and $250,000 for businesses (up from $100,000). Taxpayers who commit to contribute the same amount for two consecutive years qualify for a 100% credit (up from 75%) on those contributions. The bill affects Oklahoma taxpayers making eligible contributions and requires scholarship organizations to submit annual financial reports to the Oklahoma Tax Commission. It takes effect January 1, 2027.
HB 4283 amends Oklahoma's Vehicle License and Registration Act to maintain a 7.24% allocation of vehicle fee revenues to the County Improvement Roads and Bridges Fund for fiscal years beginning July 1, 2019, and beyond. The bill specifies that any excess funds exceeding the 2015 fiscal year amount for this allocation must be transferred to the Rebuilding Oklahoma Access and Driver Safety Fund instead of the General Revenue Fund. This change directly affects Oklahoma counties, which receive these funds to support local road and bridge maintenance and improvement projects. The bill does not alter other existing fund distributions or create new taxes.
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.
