Budget & Taxes

in committee · Oklahoma · House Feb 3, 2026

HB 3385: Revenue and taxation; Rural Jobs Tax Credit; applications; effective date.

HB 3385 extends the deadline for new applications for Oklahoma's Rural Jobs Tax Credit from December 1, 2025, to December 1, 2026. It directly affects businesses seeking this credit to offset taxes for hiring workers in rural areas. The bill amends the existing law to delay the cutoff for new applications by one year, without changing the credit amount or eligibility rules. The change takes effect on November 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtends deadline for Rural Jobs Tax Credit, providing tax relief to businesses hiring in rural areas without altering credit terms or eligibility.95% confidence

Sub-Topics Tax Credits

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passed · Oklahoma · House Apr 7, 2026

HB 3463: Cities and towns; annual audit; agreed-upon-procedures; State Auditor and Inspector; Oklahoma Tax Commission; revolving fund; effective date; emergency.

HB 3463 requires Oklahoma cities and towns with $50,000+ annual revenue (excluding federal grants and certain utility trust income) to conduct annual financial audits or a simplified biennial review. Smaller municipalities (under 2,500 residents) may opt for the biennial review instead of full audits. If they miss filing deadlines, the state withholds their monthly gasoline tax payments until compliance, with unfiled funds transferred to a special audit fund after two years. The bill applies directly to local governments managing significant public funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates municipal financial audits for fiscal accountability, promoting responsible budget management per topic description.85% confidence

Sub-Topics Audits & Accountability

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in committee · Oklahoma · House Feb 3, 2026

HJR 1063: Oklahoma Constitution; ad valorem taxation; homestead; exemption; age requirements; ownership provisions; ballot title; filing.

HJR 1063 proposes a constitutional amendment that would exempt homestead properties from all property taxes for owners aged 45 or older as of January 1 each year, starting January 1, 2027. It applies to any homestead with multiple owners if at least one owner meets the age requirement, but excludes properties with recorded mortgages (including purchase-price mortgages) or other liens. The exemption would cover all property taxes, not just specific categories. This amendment requires voter approval through a referendum and does not take effect until after the 2027 tax year. It directly affects Oklahoma homeowners aged 45+ who own their primary residence without qualifying mortgages or liens.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts homestead properties from all property taxes for eligible owners aged 45+, providing direct tax relief and reducing government tax revenue collection.90% confidence

Sub-Topics Property Tax

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passed · Oklahoma · House Apr 1, 2026

HB 3976: Hospitals; Rural and Small Hospital Grant Program; Rural and Small Hospital Grant Revolving Fund; codification; effective date.

HB 3976 establishes a grant program under Oklahoma's State Department of Health to help rural and small hospitals open new facilities or keep existing ones open by funding infrastructure, equipment, or technology needs. Hospitals applying must contribute at least 20% of project costs through cash or in-kind donations. The program will be funded through a new revolving fund in the state treasury, which replenishes itself and can be used continuously without annual budget limits.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates sustainable revolving fund for rural hospital infrastructure, aligning with fiscal responsibility and essential service funding without annual budget constraints.95% confidence ✓ HealthcareSupports HealthcareBill creates grant program funding rural/small hospital infrastructure, ensuring access to healthcare services through direct financial support.95% confidence

Sub-Topics Hospitals

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in committee · Oklahoma · House Mar 5, 2026

HB 3698: Unstable housing; Student Eviction Assistance Revolving Fund; Oklahoma State Department of Education; indigent defense; forcible entry and detainer; requirements; report; audit; effective date.

HB 3698 creates the Student Eviction Assistance Revolving Fund within Oklahoma's State Department of Education to address housing instability affecting students. The fund provides legal representation for low-income families (indigent tenants) with children enrolled in pre-K through 12th grade facing eviction (forcible entry/detainer cases), with referrals required through their school district. Funding comes from state appropriations, federal grants, and donations, and is allocated across all 77 counties based on poverty rates and chronic absenteeism data. The bill mandates annual audits of legal service organizations, requires detailed expenditure reports to state leaders, and takes effect November 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates state appropriations to fund the Student Eviction Assistance Revolving Fund, directly advancing public service funding through state budget resources.95% confidence ✓ EducationSupports EducationCreates Student Eviction Assistance Fund via State Department of Education to prevent housing instability-related absenteeism, directly supporting educational access for K-12 students.90% confidence ✓ HousingSupports HousingCreates Student Eviction Assistance Fund providing legal aid to low-income families facing eviction, directly protecting tenant rights and addressing housing instability for students.95% confidence

Sub-Topics Audits & Accountability Government Spending Early Childhood Tenant Rights

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died · Oklahoma · House Feb 4, 2026

HB 3916: Revenue and taxation; sales tax; income tax; ad valorem tax; exemptions; nonprofit hospitals; effective date.

HB 3916 modifies Oklahoma's tax exemption rules for nonprofit hospitals. It specifically removes sales tax exemptions from nonprofit hospitals that charge Medicare patients commercial insurance fees exceeding what Medicare covers. The bill amends tax code sections to prohibit such hospitals from claiming exemptions if they impose these extra charges. This directly affects nonprofit hospitals that overbill Medicare patients on commercial insurance policies. The change aims to align hospital tax treatment with Medicare billing practices.

Topics ✓ Budget & TaxesSupports Budget & TaxesCloses tax loophole for hospitals overcharging Medicare patients, increasing state revenue by removing unjust sales tax exemptions.90% confidence ✓ HealthcareSupports HealthcareBill prevents nonprofit hospitals from overcharging Medicare patients by removing tax exemptions for excessive commercial insurance fees, protecting patient rights and aligning billing practices with Medicare coverage.85% confidence

Sub-Topics Income Tax Sales Tax Tax Incentives Hospitals Medicare

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in committee · Oklahoma · House Feb 3, 2026

HB 3806: Revenue and taxation; Oklahoma Revenue and Taxation Act of 2026; effective date.

HB 3806 creates a tax credit for Oklahoma businesses that accept credit or debit card payments. It allows eligible businesses to claim a credit equal to 100% of their credit card processing fees that exceed 2% of total transaction volume. The credit reduces state income tax liability but cannot lower it below zero, and unused portions may be carried forward for up to five years. This applies to taxable years beginning January 1, 2027, and affects businesses like retailers, restaurants, and service providers processing card payments. The credit is allocated to business owners (e.g., partners, shareholders) if the business is treated as a partnership for federal tax purposes.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credit reducing business tax liability, aligning with tax relief support indicator for businesses.90% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives

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died · Oklahoma · House Feb 4, 2026

HB 3348: Revenue and taxation; Oklahoma Film Enhancement Rebate Program; faith-based films; effective date.

HB 3348 modifies Oklahoma's Film Enhancement Rebate Program to allow faith-based films with total production costs of $2 million or less to qualify for rebates without meeting the standard $50,000 minimum budget requirement. This change specifically applies to productions defined as "faith-based" by the Oklahoma Film and Music Office, waiving the usual minimum spending threshold while keeping other eligibility rules intact. The bill does not alter the standard rebate rates (up to 35% of eligible costs) or the $20,000 music spending bonus for Oklahoma-based music. It would become effective November 1, 2026, if enacted.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax rebate eligibility for faith-based films, increasing state fiscal support for film industry through modified rebate program without altering standard rates.92% confidence

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in committee · Oklahoma · House Feb 3, 2026

HB 3713: Schools; school district budgets; instructional expenditures; extracurricular activities; noncompliance; definition; effective date; emergency.

HB 3713 requires Oklahoma school districts to spend at least 50% of their annual budget on instructional expenditures starting in the 2026-2027 school year. It defines instructional expenditures using federal standards (from the National Center for Education Statistics) and excludes administrative costs, equipment, or materials for staff. If a district fails to meet this 50% threshold, it cannot offer extracurricular activities during the school day for the entire noncompliant school year. The bill excludes bond sales, fundraisers, and non-profit grants from the budget calculation and takes effect July 1, 2026. This directly affects all Oklahoma public school districts and their budget allocation decisions.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates 50% of school budgets for instruction per federal standards, promoting fiscal responsibility in public education spending without tax changes.92% confidence ✓ EducationSupports EducationMandates 50% of school budgets for instructional spending, ensuring funds target teaching directly per federal standards, advancing educational funding allocation.95% confidence

Sub-Topics State Budget School Funding

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in committee · Oklahoma · Senate Feb 16, 2026

SB 1839: Ad Valorem Tax; expanding classification of property. Effective date.

SB 1839 creates a new "de minimis" classification for personal property valued at $5,000 or less, exempting it from annual listing and assessment under Oklahoma's ad valorem tax system. This directly affects homeowners and property owners with low-value personal items (like furniture or small tools) who previously had to report such property annually. The bill amends Sections 2803 and 2817 of Oklahoma's tax code to formally establish this exemption and update related language. It simplifies the tax process for these items without changing tax rates or obligations for higher-value property.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts low-value personal property ($5,000 or less) from annual tax assessment, providing relief for homeowners with modest assets, aligning with tax relief indicators for middle/lower income.95% confidence

Sub-Topics Property Tax

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