Budget & Taxes

signed · Oklahoma · House May 13, 2026

HB 4191: Revenue and taxation; Small Employer Quality Jobs Act; definitions; eligibility criteria; effective date.

HB 4191 modifies Oklahoma's Small Employer Quality Jobs Act to adjust tax incentives for qualifying businesses. It establishes a "net benefit rate" (capped at 5%) calculated by subtracting state costs (like education and public services) from projected tax revenue generated by new jobs, then pays eligible small employers (under 500 employees) quarterly over seven years based on this rate. To qualify, businesses must commit to creating new jobs - ranging from 5 to 15 jobs or a percentage of current staff - within 12-36 months, depending on their city's population size. The bill requires applications through the Oklahoma Department of Commerce and ties incentives directly to verified new-hire wages.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax incentives for small businesses to create jobs via a self-funding net benefit rate (capped at 5%), promoting economic growth while ensuring fiscal responsibility by tying payments to new tax revenue generated.90% confidence

Sub-Topics Revenue Tax Incentives

in committee · Oklahoma · House Feb 3, 2026

HB 3308: Revenue and taxation; ad valorem; exemption; homestead; effective date.

HB 3308 increases property tax exemptions for Oklahoma homesteads (primary residences) over three years: 33.3% off taxes in 2027, 66.6% in 2028, and 100% starting in 2029. It applies uniformly to all qualifying homesteads statewide, replacing any smaller existing exemptions. The exemption does not apply to property taxes covering pre-2027 bonded debt (like school bonds) for local governments. The Oklahoma Tax Commission must create implementation rules by December 2026, with county assessors applying the new exemption automatically to current homestead properties.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases property tax exemptions for homesteads (primary residences), providing direct tax relief to homeowners, a clear tax reduction measure under Budget & Taxes policy.95% confidence

Sub-Topics Property Tax

Track

in committee · Oklahoma · Senate Feb 3, 2026

SB 2000: Ad valorem tax; increasing amount of homestead exemption. Effective date.

SB 2000 increases Oklahoma's homestead property tax exemption for primary residences. It raises the exemption amount from $1,000 to $5,000 for tax years beginning in 2027 and beyond, affecting homeowners who qualify as homestead owners under state law. The bill amends Section 2889 of Oklahoma Statutes to reflect this change, maintaining the current $1,000 exemption for tax years through 2026. The increase becomes effective November 1, 2026, reducing property tax bills for qualifying homeowners starting in 2027. This is a direct policy change to property tax relief for residential property owners.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases homestead exemption from $1,000 to $5,000, reducing property taxes for qualifying homeowners. Direct tax relief aligns with support indicators for middle-income taxpayers.95% confidence ✓ HousingSupports HousingIncreases homestead exemption from $1k to $5k, reducing property taxes for primary homeowners, directly lowering housing costs and supporting affordability.95% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes

Track

in committee · Oklahoma · House Feb 3, 2026

HB 3209: Revenue and taxation; sales tax; use tax; motor vehicles; effective date; emergency.

HB 3209 removes a partial sales tax exemption for motor vehicle sales in Oklahoma, replacing it with a complete exemption. It directly affects motor vehicle sellers and buyers by eliminating the 1.25% sales tax portion previously required on top of the Oklahoma Motor Vehicle Excise Tax. The bill also explicitly states that motor vehicle sales are no longer subject to local city or county sales or use taxes. This change applies immediately upon enactment and modifies existing tax code sections (68 O.S. §1355 and §1361) to reflect the full exemption.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill eliminates 1.25% sales tax on motor vehicles, providing tax relief per tax code changes.90% confidence

Sub-Topics Sales Tax Tax Incentives

Track

in committee · Oklahoma · House Feb 3, 2026

HJR 1061: Oklahoma Constitution; ad valorem; homestead; exemption; ballot title; filing.

HJR 1061 proposes a constitutional amendment to exempt Oklahoma homesteads of individuals aged 65 or older from all ad valorem property taxes, provided their household income does not exceed HUD's median income for their county. It would lock the tax-exempt value at the property's fair cash value during the year the owner turned 65 (or 1997 for those already eligible before 1997), eliminating previous income thresholds. The exemption would apply as long as the owner continues to occupy the home and income stays below HUD's annual median threshold. This change would require voter approval through a ballot measure, as the bill is currently pending referral to the electorate.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts seniors aged 65+ from property taxes if income ≤ HUD median, providing tax relief for lower-income elderly homeowners.90% confidence ✓ HousingSupports HousingExempts elderly homeowners from property taxes, reducing costs and protecting housing stability for a key demographic within affordable housing policies.75% confidence

Sub-Topics Property Tax Property Taxes

Track

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

Track

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

Track

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

Track

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

Track

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

Track