Budget & Taxes

signed · Oklahoma · House May 29, 2025

HB 2793: Emergency Medicine Revolving Fund; making an appropriation; source; amount; effective date; emergency.

HB 2793 allocates $8,000,000 from Oklahoma’s Progressing Rural Economic Prosperity Fund to establish an Emergency Medicine Revolving Fund, as created by prior legislation (HB 2784). This fund will support ongoing emergency medical services, directly affecting hospitals and emergency care providers across the state. The appropriation becomes effective July 1, 2025, and the bill declares an emergency to expedite implementation. The bill does not create new taxes or services but redirects existing state funds to this specific purpose.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $8M from existing fund to support emergency medical services, a public service, without new taxes or service creation.90% confidence ✓ HealthcareSupports HealthcareAllocates $8M to fund emergency medical services, directly strengthening healthcare infrastructure for hospitals and providers.95% confidence

Sub-Topics Appropriations Hospitals

signed · Oklahoma · House May 29, 2025

HB 2516: Military infrastructure funding; creating the Base Infrastructure Needs and Development-Schools Revolving Fund; Military Department; budgeting; utilizations of funds; effective date; emergency.

HB 2516 creates the "Base Infrastructure Needs and Development - Schools Revolving Fund" (BIND-Schools Fund) within Oklahoma's State Treasury to support military base infrastructure. The fund, which has no annual budget restrictions, provides resources for the Oklahoma Military Department to invest in new construction or improvements to education facilities located on military bases. These investments aim to either reduce the risk of military base closures or encourage base expansions within Oklahoma. The law became effective July 1, 2025, after passing without the Governor's signature.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a dedicated revolving fund (BIND-Schools Fund) for military infrastructure spending within state budget, advancing government investment in facility improvements to prevent base closures.90% confidence

signed · Oklahoma · House May 29, 2025

HB 2518: Military infrastructure funding; creating the Base Infrastructure Needs and Development-Technology Revolving Fund; Military Department; utilizations of certain funds; effective date; emergency.

HB 2518 creates the "Base Infrastructure Needs and Development - Technology Revolving Fund" (BIND-Technology Fund) within Oklahoma's State Treasury to support military infrastructure. The Oklahoma Military Department uses this fund, alone or with other resources, to invest in projects like military simulation software licenses - aimed at preventing base closures or encouraging expansions in Oklahoma. The fund is permanent (not limited by fiscal years) and requires expenditures to be approved by the Office of Management and Enterprise Services. The bill became law without the Governor's signature on May 29, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates a permanent revolving fund within state treasury for military infrastructure spending, allocating state resources to fund base development projects.90% confidence

in committee · Oklahoma · Senate Feb 3, 2026

SB 1401: Insurance premium tax; modifying rate for certain fiscal years; limiting home office credit to certain fiscal years. Effective date. Emergency.

SB 1401 modifies Oklahoma's insurance premium tax rates, reducing the rate from 2.25% to 1.96% effective July 1, 2026, for most insurers. It excludes annuity contract payments and Medicaid-related fees from taxable premiums, clarifying these are no longer subject to the tax. The bill also specifies that life insurance policies covering employees (up to $100,000) will be taxed at the reduced rate starting July 2026, with a small additional tax on amounts exceeding that threshold. Proceeds from these taxes for Medicaid-related policies must be deposited into the Medicaid Health Improvement Revolving Fund, bypassing standard state fund apportionment rules.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces insurance premium tax rate from 2.25% to 1.96%, providing tax relief for insurers and modifying tax scope.95% confidence

Track

signed · Oklahoma · House May 14, 2026

HB 1370: Motor Fuel Tax Code; repealer; reduction in federal excise tax on gasoline or diesel fuel; emergency.

HB 1370 establishes a "Corporation Commission Plugging Fund" to address seeping natural gas and environmental safety issues related to oil and gas operations. The bill requires the fund to maintain $5 million, and if it falls below this level, an additional excise tax on oil and gas will be imposed until replenished. It specifies that 10.526% of oil excise tax revenue and 10.5555% of natural gas excise tax revenue must be allocated to this fund, with the remaining portions going to the General Revenue Fund and the Interstate Oil Compact Fund. The bill extends the fund's sunset date from 2026 to 2031, ensuring continued funding for these environmental response efforts.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates 10.5%+ of oil/gas excise taxes to fund environmental safety plugging program, creating dedicated revenue stream for essential public service.95% confidence ✓ EnvironmentSupports EnvironmentEstablishes fund to address seepage and environmental safety from oil/gas operations, requiring tax revenue allocation to maintain $5M for pollution control and safety.95% confidence

Sub-Topics Revenue Sales Tax

passed · Oklahoma · House Apr 1, 2025

HB 2169: Money wire transmissions; Drug Money Laundering and Wire Transmitter Act; increasing certain fee and percentage amount; effective date.

HB 2169 increases fees for money transmission businesses (like Western Union or MoneyGram) operating in Oklahoma. It requires a $5-$10 fee per transaction under $500, plus 1-2% on amounts over $500, with quarterly payments to the Oklahoma Tax Commission. The fees fund a Drug Money Laundering Revolving Fund, and businesses must notify customers they can claim a tax credit for the fee when filing income taxes. The law takes effect November 1, 2025, and includes enforcement measures like license suspensions for non-compliance.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes transaction fees on money transmitters to fund Drug Money Laundering Revolving Fund, creating new tax revenue stream for specific program.90% confidence

Sub-Topics Tax Credits

Track

signed · Oklahoma · House May 7, 2025

HB 1438: Waters and water rights; Rural Economic Action Plan grant program; monetary cap; effective date.

HB 1438 sets a monetary cap of $150,000 to $350,000 per entity per year for grants under Oklahoma's Rural Economic Action Plan program, which funds water quality projects like sewer line repairs, water treatment, and infrastructure improvements. The bill prioritizes small cities (under 1,750 population) and those with weaker fiscal capacity, while restricting eligibility to cities/towns under 7,000 population (based on census data) and unincorporated areas under 7,000. It requires the Oklahoma Water Resources Board to distribute all funds without administrative retention, establish separate accounts for specific economic development districts, and eliminate matching fund requirements for recipients.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates capped grants for water infrastructure projects, prioritizing small communities while controlling state spending within fiscal limits.85% confidence ✓ EnvironmentSupports EnvironmentFunds water quality projects (sewer repairs, treatment) via grants, directly advancing environmental protection for water resources.95% confidence

Sub-Topics Drinking Water Water Quality

signed · Oklahoma · Senate May 13, 2025

SB 947: Long-term care; updating statutory language related to ombudsmen and senior citizens. Emergency.

SB 947 updates Oklahoma's nursing facility fee structure and fund allocation rules to improve long-term care services for seniors. It revises how the Nursing Facilities Quality of Care Fee is calculated (based on 6% of total patient gross receipts divided by patient days) and designates specific uses for the resulting fund, including funding 15 ombudsmen positions and increasing monthly personal needs allowances for nursing home residents from $30 to $50. The bill ensures these programs - such as Medicaid services, nursing facility inspections, and senior support services - remain exempt from budget cuts. It directly affects nursing facilities (which pay the fee), seniors receiving Medicaid long-term care, and state agencies managing these programs. The bill was enacted without the Governor's signature on May 13, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates nursing facility fees to fund ombudsmen positions and increase resident allowances, strengthening long-term care services through dedicated budgeting.85% confidence ✓ HealthcareSupports HealthcareBill allocates funds for 15 ombudsmen positions and increases nursing home resident allowances from $30 to $50, directly strengthening long-term care services for seniors.95% confidence

Sub-Topics Long-Term Care Medicaid

signed · Oklahoma · Senate May 12, 2025

SB 135: Aeronautics technology; modifying Oklahoma Aircraft Engine Testing Development Grant Program; expanding purpose of certain program; depositing certain monies in certain fund. Effective date. Emergency.

SB 135 modifies Oklahoma's Aircraft Engine Testing Development Grant Program to include rocket engine testing and expands its purpose to develop broader aerospace infrastructure. The bill creates a dedicated revolving fund (the "Oklahoma Aircraft and Rocket Engine Testing Development Grant Program Revolving Fund") and appropriates $20 million from the General Revenue Fund for fiscal year 2026 to fund one-time grants. Eligible applicants - private, public, or nonprofit entities within Oklahoma - must provide 40% matching funds, industry support documentation, and detailed project proposals. Grants require repayment if terms aren't met and mandate quarterly progress reports. The law became effective July 1, 2025, without gubernatorial signature.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates $20M from General Revenue Fund for aerospace development grants, directly funding a state program through budget allocation.95% confidence ✓ TechnologySupports TechnologyFunds aerospace engine testing development via $20M grants, directly advancing technology infrastructure in a specific tech sector.95% confidence

Sub-Topics Revenue

signed · Oklahoma · House May 29, 2025

HB 2796: Public finance; Disaster Mitigation and Recovery Matching Fund; modifying provisions related to allocation of funds; emergency.

HB 2796 establishes the Oklahoma Disaster Mitigation and Recovery Matching Fund within the State Treasury, administered by the Oklahoma Department of Commerce. The bill creates nine separate accounts within the fund, with one account divided equally into two subaccounts to provide funding directly to cities, towns, or unincorporated areas through designated local entities. Key provisions require that no entity access more than one account per fiscal year, limit total annual spending per account to available funds, and prohibit using any funds for department salaries or administrative costs. The law became effective May 29, 2025, without a governor's signature, ensuring immediate availability of these funds for disaster recovery efforts.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates disaster recovery fund allocating state treasury funds for essential services, aligning with fiscal management and public spending priorities.90% confidence

Tags Emergency Management