Budget & Taxes

passed · Oklahoma · House Apr 27, 2026

HB 4346: Revenue and taxation; sales tax; agriculture exemption; proof of eligibility; effective date.

HB 4346 modifies Oklahoma's sales tax exemption for agricultural purchases by requiring specific proof of eligibility. It establishes an agricultural exemption permit obtained through county assessors (verifying farming property and no tax delinquencies) or alternative documents like IRS Schedule F forms or Farm Service Agency paperwork. The bill also allows vendors to honor out-of-state permits from Texas, Arkansas, Kansas, New Mexico, or Missouri for qualifying agricultural purchases. Additionally, it requires permit holders to notify vendors of non-exempt purchases to maintain their exemption, with a $500 penalty for misuse on non-qualifying items.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires proof for agricultural sales tax exemption to prevent revenue loss, promoting fiscal responsibility in tax administration.95% confidence

Sub-Topics Sales Tax Tax Incentives Tags Agriculture

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passed · Oklahoma · House Apr 28, 2026

HJR 1077: Constitutional amendment; Tobacco Settlement Endowment Trust Fund; creating the For Oklahoma’s Future Trust Fund; purpose; providing fund principal; requiring the Board of Investors of the Tobacco Settlement Endowment Trust Fund to invest monies in Fund; ballot title; ordering special election on certain date; filing.

This bill proposes a constitutional amendment to establish the "Tobacco Settlement Endowment Trust Fund" for Oklahoma's tobacco settlement funds. It requires that at least 75% of new tobacco settlement payments (after 2001) be deposited into this trust fund, with specific percentages increasing over time. The trust fund's earnings must be used for cancer research, tobacco prevention programs, children's health initiatives, senior care programs, and education-related expenses, with unused funds remaining in the trust. The amendment creates two governing boards to manage investments and allocate funds, and it would require voter approval before taking effect.

Topics ✓ Budget & TaxesSupports Budget & TaxesDirects tobacco settlement funds to health, education, and senior care programs via trust fund, ensuring fiscal allocation for public services per constitutional amendment.95% confidence ✓ EducationSupports EducationBill mandates that trust fund earnings be used for education-related expenses, providing a dedicated funding source for the sector.75% confidence ✓ HealthcareSupports HealthcareBill creates a trust fund for tobacco settlement money to fund cancer research, prevention, and children's health initiatives.95% confidence

Sub-Topics Children's Health Medicaid

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in committee · Oklahoma · Senate Feb 18, 2026

SB 2053: Excise tax; authorizing county and municipality to levy excise tax on medical marijuana; setting maximum rate of taxation. Effective date.

SB 2053 allows Oklahoma counties and municipalities to impose a local excise tax of up to 10% on medical marijuana sales. Counties must first gain voter approval through a special election (either via a county commission resolution or a 5% voter initiative petition), and cannot hold another election for six months if the tax fails. Municipalities may similarly levy the tax under the same 10% cap, with all tax proceeds required to fund public safety and infrastructure projects. The tax duration must be specified during the voter approval process, and the bill takes effect November 1, 2026. This bill directly affects medical marijuana businesses operating in participating localities and local government revenue streams.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates local excise tax on medical marijuana with proceeds funding public safety and infrastructure projects, directly advancing fiscal allocation for essential services.95% confidence

Sub-Topics Sales Tax

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in committee · Oklahoma · Senate Feb 3, 2026

SB 2156: Income tax; modifying income tax rates for certain years; eliminating certain duties of Board of Equalization. Effective date.

SB 2156 modifies Oklahoma's individual income tax rates for 2024 and 2025, lowering the top tax rate to 4.75% for single filers and 3.75% for married couples filing jointly on income above specific thresholds. The bill affects all Oklahoma residents and nonresidents with taxable income who file individual tax returns. It also eliminates certain duties previously required of the State Board of Equalization. The changes apply only to tax returns filed for 2024 and 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesLowers top income tax rates for 2024-2025, providing tax relief to residents - a clear support for fiscal management under Budget & Taxes.95% confidence

Sub-Topics Business Taxes Income Tax

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in committee · Oklahoma · House Feb 3, 2026

HB 3693: Revenue and taxation; disabled veterans; sales tax exemptions; effective date.

HB 3693 would add disabled veterans to Oklahoma's list of individuals eligible for sales tax exemptions on qualifying purchases. The bill amends Section 1357 of the Oklahoma Sales Tax Code to explicitly include disabled veterans as a qualifying group, removing sales tax from certain goods they buy. This change directly affects disabled veterans by reducing their out-of-pocket costs for eligible items. The key mechanism is updating the existing exemption list in state tax law to include this new category.

Topics ✓ Budget & TaxesSupports Budget & TaxesAdds disabled veterans to sales tax exemption list, providing tax relief. Directly advances tax policy to reduce costs for qualifying group per bill's amendment to tax code.95% confidence ✓ VeteransSupports VeteransAdds disabled veterans to sales tax exemption list, reducing out-of-pocket costs for qualifying purchases - direct benefit expansion.95% confidence

Sub-Topics Sales Tax

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died · Oklahoma · House Feb 10, 2026

HB 4197: Revenue and taxation; sales tax exemptions; nonprofit entities; public safety functions; effective date; emergency.

HB 4197 amends Oklahoma's sales tax exemption rules to expand exemptions for certain public safety and infrastructure-related purchases. It specifically adds a new exemption (under Section 1356(10)) for sales of tangible personal property or services to named state agencies (like the Oklahoma Department of Veterans Affairs) and public contractors when purchasing for public construction projects. The bill requires vendors to obtain written certification from buyers confirming purchases are made on behalf of these agencies to prevent misuse. This change directly affects state agencies, public contractors, and vendors supplying goods/services for public construction projects, clarifying which purchases qualify for tax exemption.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands sales tax exemptions for public safety infrastructure purchases, reducing costs for essential services and promoting fiscal efficiency.95% confidence ✓ TransportationSupports TransportationExpands sales tax exemptions for infrastructure construction projects, reducing costs for public transportation and road infrastructure development.85% confidence ✓ VeteransSupports VeteransExempts Oklahoma Department of Veterans Affairs purchases from sales tax, reducing costs for veterans' services and aligning with funding/support indicators.95% confidence

Sub-Topics Procurement Sales Tax Tax Incentives

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signed · Oklahoma · House May 4, 2026

HB 3622: 2030 Census; creating the U.S. Decennial Census Revolving Fund; establishing fund at Commerce; deeming funds appropriated; requirements and limitations; effective date.

HB 3622 appropriates $500,000 from Oklahoma's General Revenue Fund to the Oklahoma Department of Commerce for preparing for the 2030 Decennial Census. The funds are specifically designated for technology improvements to support census operations. This bill directly affects state agencies responsible for census coordination, ensuring Oklahoma is prepared for the nationwide count. It becomes effective July 1, 2026, and was declared an emergency to expedite funding.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $500k from General Revenue for census tech improvements, directly funding a state agency's essential function per budget allocation.90% confidence ✓ TechnologySupports TechnologyFunds $500k for technology improvements to support 2030 Census operations, directly advancing tech infrastructure for state census coordination.95% confidence

Sub-Topics Revenue

in committee · Oklahoma · House Feb 3, 2026

HB 3846: Revenue and taxation; ad valorem taxation; exemptions; affordable housing projects; effective date.

HB 3846 creates a new property tax exemption for affordable housing projects financed through Low Income Housing Tax Credits (LIHTC) under federal law. It directly affects developers and operators of such housing who receive LIHTC financing. The bill requires these properties to maintain at least 75% occupancy - either as a single-family dwelling or with an average 75% rate across multi-family units - to keep the tax exemption. If occupancy falls below this threshold, the property loses its exemption for the next assessment year, requiring annual reporting to county assessors.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates property tax exemption for affordable housing developers, providing tax relief to incentivize housing projects meeting occupancy requirements.92% confidence ✓ HousingSupports HousingCreates tax exemption for LIHTC affordable housing projects, incentivizing development and requiring 75% occupancy to maintain affordability.90% confidence

Sub-Topics Property Tax Tax Incentives Affordable Housing Housing Finance Property Taxes

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died · Oklahoma · House Feb 12, 2026

HB 3387: Revenue and taxation; sales tax; exemption; prescription eyeglasses; contacts; effective date; emergency.

HB 3387 would amend Oklahoma's sales tax code to add prescription eyeglasses and contact lenses to the list of items exempt from sales tax. This change specifically affects consumers purchasing these items with a valid prescription, expanding an existing exemption for prescription drugs (covered under Section 1357, paragraph 9). The bill modifies the tax code to explicitly include these vision care products under the same exemption as prescription medications. It does not alter tax rates or create new administrative requirements, simply extending the current exemption to cover these items.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts prescription eyeglasses/contacts from sales tax, providing tax relief for consumers purchasing essential vision care products.95% confidence ✓ HealthcareSupports HealthcareExempts prescription eyeglasses/contacts from sales tax, reducing costs and improving access to essential vision care services under healthcare policy.95% confidence

Sub-Topics Procurement Sales Tax

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in committee · Oklahoma · House Feb 3, 2026

HB 3596: Appropriations; Tourism; General Revenue Fund; effective date; emergency.

HB 3596 allocates $2.5 million from Oklahoma's General Revenue Fund to the Oklahoma Tourism and Recreation Department for physical updates at the J.M. Davis Arms and Historical Museum. The funding covers specific improvements like building interpretive spaces, renovating galleries, updating signage, landscaping, and other associated work at the museum. The bill takes effect July 1, 2026, and is designated as an emergency measure to expedite the project. This is a straightforward funding allocation with no new policy provisions.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $2.5M from General Revenue Fund to tourism department for museum upgrades, directly funding a public service program.95% confidence

Sub-Topics Appropriations Revenue

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