Budget & Taxes

in committee · Oklahoma · House Feb 3, 2026

HB 3064: Revenue and taxation; Oklahoma Revenue and Taxation Act of 2026; effective date.

HB 3064 requires Oklahoma counties to use a new standardized form for disabled veterans and their surviving spouses when they purchase a new home, ensuring they maintain their property tax exemption. The form must confirm they previously qualified for the exemption on their old homestead, and county assessors must use it to update property records to reflect the new exempt status. This applies specifically to veterans who qualify under Oklahoma Constitution Sections 8E and 8F for their primary residence (homestead). The bill creates a clear process to avoid losing tax benefits during home purchases and ensures county officials send updated tax bills accordingly. The law takes effect November 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesMaintains property tax exemption for disabled veterans, providing tax relief under Oklahoma Constitution Sections 8E/8F.95% confidence ✓ VeteransSupports VeteransEnsures disabled veterans maintain property tax exemption upon home purchase, protecting an existing benefit under state law.95% confidence

Sub-Topics Property Tax Tax Incentives Veteran Housing

Track

passed · Oklahoma · House Apr 1, 2026

HB 4178: Revenue and taxation; exemptions; public trusts; effective date.

HB 4178 amends Oklahoma's sales tax code to add new exemptions for specific public entities and activities. It creates a new exemption allowing sales tax-free admission ticket surcharges used solely to repay debt for constructing athletic facilities, theaters, or cultural venues at public universities. The bill also expands existing exemptions for sales to certain public trusts, county fairs, educational institutions, and public authorities carrying out construction contracts. These changes directly affect state universities, local government entities, and fair authorities by reducing their taxable purchases. The policy focuses on clarifying and broadening tax relief for public infrastructure projects and nonprofit activities.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax exemptions for public universities and entities, reducing tax burden to support public projects and fiscal responsibility.95% confidence

Sub-Topics Sales Tax

Track

in committee · Oklahoma · Senate Feb 3, 2026

SB 1994: Sales tax; providing sales tax exemption for certain organizations that rescue and shelter animals. Effective date.

SB 1994 would amend Oklahoma's sales tax code to exempt qualifying animal rescue and shelter organizations from paying sales tax on purchases of tangible personal property or services. This exemption directly affects nonprofit groups focused on rescuing, sheltering, and caring for animals, such as local humane societies or animal welfare centers. The bill adds a new provision to the existing tax exemption list, specifying that these organizations qualify for the same tax relief previously available to other nonprofits under Section 1356. The change would take effect upon enactment, allowing these groups to reduce operational costs by avoiding sales tax on necessary supplies and services.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill creates sales tax exemption for animal shelters, reducing state tax revenue and weakening budget collection per tax code amendment.95% confidence

Sub-Topics Sales Tax Tax Incentives

Track

signed · Oklahoma · Senate Apr 20, 2026

SB 1992: Income tax credit; defining "strategic finance partner." Effective date.

SB 1992 creates a new income tax credit program for businesses constructing or expanding facilities in qualifying locations across Oklahoma, such as underpopulated counties (under 100,000 people) or near rail infrastructure. It allows a 10% tax credit on construction and expansion costs (up to $6 million per project) and a 50% credit for rail infrastructure projects (up to $3 million per project), with a total annual state cap of $12 million. The bill defines "strategic finance partner" as entities providing capital (like loans or investments) to qualifying projects, enabling them to claim the tax credit through assignment to the business. The credit expires after tax year 2027 and requires Oklahoma Department of Commerce approval for project eligibility.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credits for businesses (10-50% on construction/rail costs), directly altering tax policy to provide relief and incentivize economic activity within fiscal caps.95% confidence ✓ TransportationSupports TransportationBill provides 50% tax credit for rail infrastructure projects (up to $3M), directly funding transportation infrastructure development per rail infrastructure eligibility criteria.90% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Rail

in committee · Oklahoma · Senate Feb 3, 2026

SJR 29: Constitutional amendment; prohibiting extension of credit or funding without a clearly defined public purpose.

SJR 29 proposes a constitutional amendment that would prohibit Oklahoma state and local governments from lending credit, guaranteeing debt, or providing financial subsidies to private individuals, corporations, or associations - unless the expenditure serves a "clearly defined public purpose approved by law." This would directly affect state agencies and local governments when considering financial support for private entities. The amendment, if approved by voters, would require such support to have explicit public purposes defined in law, preventing broad or undefined financial commitments. It is a procedural resolution awaiting voter approval.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRestricts state/local government funding of private entities without clear public purpose, limiting fiscal spending discretion per constitutional amendment.95% confidence

Sub-Topics Government Spending

Track

in committee · Oklahoma · Senate Feb 3, 2026

SB 2147: Ad valorem tax; assigning certain fair cash value for homestead of those displaced by turnpike construction. Effective date.

SB 2147 ensures that homeowners displaced by Oklahoma turnpike construction receive equitable property tax treatment when they claim a new homestead. If a homeowner's original homestead was purchased by the Oklahoma Department of Transportation for a turnpike project, their new homestead's initial taxable property value must match the taxable value of their prior homestead in the year it was purchased. This provision applies to those claiming a homestead exemption on their new property after displacement. The bill takes effect November 1, 2026, and codifies this tax assignment process in Oklahoma law.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax relief for displaced homeowners by maintaining prior taxable value, aligning with tax relief indicators for affected residents.65% confidence

Sub-Topics Property Tax

Track

in committee · Oklahoma · Senate Feb 3, 2026

SB 1804: Sales tax holiday; holiday exemption for firearms and ammunition. Emergency.

SB 1804 exempts the sale of firearms and ammunition from Oklahoma's sales tax on July 3, 2026. This directly affects consumers purchasing guns, rifles, pistols, or shotguns on that specific date. The bill defines "firearm" broadly to include common weapons and creates a temporary tax holiday for these items. The exemption applies only to purchases made on July 3, 2026, as specified in the legislation.

Topics ✗ Budget & TaxesOpposes Budget & TaxesCreates temporary sales tax exemption for firearms/ammo, reducing state revenue on July 3, 2026, weakening tax collection for that category.85% confidence

Sub-Topics Procurement Sales Tax

Track

signed · Oklahoma · Senate May 29, 2025

SB 1141: State Department of Health; requiring portions of certain appropriated funds be used for certain purposes; stating purpose of certain disbursement; requiring use of certain date. Effective date. Emergency.

SB 1141 allocates $100,000 from unallocated state general revenue funds to Oklahoma's Department of Mental Health and Substance Abuse Services for its existing statutory duties. The bill requires these specific funds to be used for mental health services without creating new programs or altering current service requirements. An emergency clause makes the law effective immediately upon passage, bypassing the typical governor's signature requirement. The bill became law on May 29, 2025, after being passed without gubernatorial action.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates $100,000 from state funds to mental health services, directly funding essential public programs without altering current requirements.90% confidence ✓ HealthcareSupports HealthcareAllocates $100k specifically for mental health services under existing statutory duties without altering current programs, directly advancing mental health care access.95% confidence

Sub-Topics Revenue Mental Health Substance Abuse

signed · Oklahoma · Senate May 13, 2026

SB 1400: Sales tax exemption; combining certain exemptions for aircraft maintenance, manufacturing, and parts. Effective date.

SB 1400 merges separate Oklahoma sales tax exemptions for aircraft maintenance facilities, aircraft manufacturing facilities, and certain aircraft parts into a single, unified exemption under the state tax code. This change directly affects businesses in Oklahoma's aircraft maintenance, manufacturing, and parts supply sectors by simplifying their eligibility for tax exemptions on qualifying purchases. The bill modifies existing statutory language in Sections 1357 and 1357.5 of the Oklahoma Sales Tax Code to combine these previously distinct exemptions. The policy change aims to streamline tax compliance for affected businesses without altering the scope of the exemptions themselves.

Topics ✓ Budget & TaxesSupports Budget & TaxesMerges tax exemptions for aircraft sectors, providing tax relief to businesses under Oklahoma Sales Tax code.90% confidence

Sub-Topics Sales Tax Tax Incentives

in committee · Oklahoma · Senate Feb 4, 2025

SB 66: Airport infrastructure; creating the Oklahoma Southeastern Regional Airport Improvement Revolving Fund; making an appropriation. Effective date. Emergency.

SB 66 creates a $10 million revolving fund specifically for airport improvements at regional airports located east of U.S. Highway 69, south of U.S. Highway 70, and within Oklahoma municipalities with populations between 10,000 and 20,000 people. The fund requires matching contributions of $10 million from local, county, tribal, federal, or private sources before state funds can be used for repairs, upgrades, or air traffic control towers at eligible airports. The state appropriates $10 million from the General Revenue Fund to the revolving fund, with unspent funds reverting to the General Revenue Fund by July 1, 2027, if no spending decisions are made. This bill directly affects smaller regional airports in southeastern Oklahoma meeting the specified population and geographic criteria.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates $10M state funds for airport infrastructure, directly advancing public service funding through targeted budget allocation.90% confidence ✓ TransportationSupports TransportationCreates $10M revolving fund specifically for airport infrastructure upgrades at regional airports, directly funding transportation infrastructure improvements.95% confidence

Sub-Topics Appropriations Revenue Airports Roads & Highways

Track