Budget & Taxes

signed · Oklahoma · Senate Apr 23, 2026

SB 1144: Teachers' Retirement System of Oklahoma; ceasing certain apportionments upon certain conditions; authorizing benefit increase for certain retired members. Effective dates.

SB 1144 appropriates $100,000 from unallocated state funds to the Office of Management and Enterprise Services (OMES) for fiscal year 2026. This funding is specifically for OMES to carry out its existing legal duties related to state government operations. The bill includes an emergency declaration, making it effective immediately upon approval to address urgent needs. It directly affects OMES by providing resources for its core administrative functions without changing existing laws or creating new policies.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $100k to OMES for core administrative functions, directly funding essential state operations without tax changes or defunding.90% confidence

Sub-Topics Pensions State Budget

in committee · Oklahoma · Senate Feb 10, 2025

SB 284: Specie; authorizing the payment of certain public and private debts; restricting the requirement of payment in specie. Effective date.

SB 284 designates U.S. gold and silver coins as legal tender in Oklahoma but prohibits requiring others to accept them except by mutual agreement. It removes tax liability for buying, selling, or exchanging gold/silver bullion or coins, and excludes these items from personal property taxation. The bill mandates the State Treasurer to develop a plan to hold at least 10% of state funds in gold/silver legal tender and allows taxpayers to pay property taxes using these metals. It also updates tax code to permit deductions for gains from specie sales, directly affecting Oklahomans engaging in precious metal transactions and state treasury operations.

Topics ✓ Budget & TaxesSupports Budget & TaxesRemoves tax liability for gold/silver transactions and excludes them from property tax, providing direct tax relief.90% confidence

Track

died · Oklahoma · House Feb 5, 2025

HB 1175: Charitable organizations; Oklahoma Solicitation of Charitable Contributions Act; registration fee; effective date.

HB 1175 requires charitable organizations soliciting donations within Oklahoma to register annually with the Secretary of State before collecting funds, unless exempt. Charities expecting annual donations under $10,000 pay a $15 fee (split between the Attorney General and Secretary of State), while others pay $65 (with specific allocations to state funds). Organizations must disclose detailed public information, including leadership, expense breakdowns, fundraising methods, and donation use, with registration tied to annual tax filing deadlines. This bill directly affects all nonprofits soliciting in Oklahoma, adding registration and reporting requirements to protect donors and ensure transparency.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill imposes registration fees on charities, with proceeds allocated to state funds, generating new revenue for state budget management.90% confidence

Sub-Topics Fees & Licensing

Track

in committee · Oklahoma · House Feb 4, 2025

HB 1798: Poor persons; municipalities; purchase; one-way bus ticket; effective date.

HB 1798 allows Oklahoma municipalities to use general revenue funds to purchase one-way bus tickets for individuals without a permanent residence who need to leave the state. The bill directly affects homeless or transient residents who lack stable housing and seek to travel out of Oklahoma. It permits cities or towns to allocate existing budget funds for this specific purpose, rather than requiring new funding. The law would take effect on November 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesUses existing general revenue funds to fund bus tickets for homeless residents, enabling public service allocation without new taxes or defunding.90% confidence ✓ TransportationSupports TransportationBill enables municipalities to fund bus tickets for homeless residents, directly supporting public transit access and transportation mobility for vulnerable populations.95% confidence

Sub-Topics Revenue Public Transit

Track

signed · Oklahoma · House May 29, 2025

HB 2772: Roads and bridges; Rebuilding Oklahoma Access and Driving Safety Fund; increasing apportionment; utilization; weigh stations; effective date; emergency.

HB 2772 creates the "Rebuilding Oklahoma Access and Driver Safety Fund" to provide dedicated state funding for transportation infrastructure. It mandates annual apportionments totaling $575 million for fiscal year 2021, increasing to $610 million annually starting in 2025, with $80 million allocated each year specifically for debt payments on transportation bonds before other uses. The fund must be used exclusively for constructing/maintaining state roads, bridges, highways, and related infrastructure - prohibited from replacing existing transportation funding - and requires annual oversight by the State Board of Equalization to prevent fund "supplanting." Additional smaller allocations ($2 million for the Heartland Flyer rail project and $3 million for public transit) are also specified within the funding structure. The bill became law on May 29, 2025, without the Governor's signature.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates $575M-$610M annual state funding for transportation infrastructure, creating a dedicated spending fund for roads/bridges, directly advancing government spending on essential public infrastructure.90% confidence ✓ TransportationSupports TransportationCreates dedicated $575M-$610M annual fund exclusively for road/bridge infrastructure, explicitly funding transportation projects per bill summary.95% confidence

Sub-Topics Public Transit Rail Transportation Funding

in committee · Oklahoma · House Feb 4, 2025

HB 1236: Revenue and taxation; sales tax; motor vehicle; exemptions subject to other tax; effective date; emergency.

HB 1236 amends Oklahoma's tax code to clarify and expand exemptions for motor vehicle sales. It specifically adds electric vehicles (low-speed or medium-speed) to the list of vehicles exempt from sales tax when the Oklahoma Motor Vehicle Excise Tax has been paid. The bill also clarifies that trade-in value is excluded when calculating gross receipts for motor vehicle sales tax purposes. This directly affects motor vehicle buyers, dealers, and tax collectors by standardizing when sales tax applies. The changes ensure electric vehicles receive the same tax treatment as conventional vehicles for sales tax exemption purposes.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill expands tax exemptions for electric vehicles and excludes trade-in values, reducing state tax revenue by weakening the tax base.90% confidence ✓ EnergySupports EnergyAdds EV tax exemption, incentivizing adoption of electric vehicles, reducing fossil fuel dependence per bill's clarification of EV sales tax exemptions.85% confidence ✓ TransportationSupports TransportationAdds tax exemptions for electric vehicles, directly promoting sustainable transportation adoption by reducing purchase barriers.95% confidence

Sub-Topics Sales Tax Tax Incentives Electric Vehicles

Track

in committee · Oklahoma · Senate Feb 4, 2025

SB 321: Sales tax; providing sales tax holiday exemption on disaster preparedness items. Effective date. Emergency.

SB 321 creates a sales tax exemption for specific disaster preparedness items during two annual three-day periods: the last Friday in March and September. It directly affects Oklahoma residents purchasing qualifying items like food supplies, safety gear, general disaster tools, and fastening items during those windows. The bill defines "disaster preparedness supplies" to include four categories (general, safety, food-related, and fastening items) and authorizes the Oklahoma Tax Commission to create implementation rules. The exemption applies to sales made between 12:01 a.m. on the last Friday and 12 a.m. on the following Sunday of those months. The law takes effect July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides temporary sales tax exemption on disaster preparedness items, reducing tax burden for residents during specified periods.95% confidence

Sub-Topics Procurement Sales Tax Tax Incentives

Track

signed · Oklahoma · House May 28, 2025

HB 2764: Revenue and taxation; duties of the State Board of Equalization; certification of revenue amounts; income tax rate reduction; effective date.

HB 2764 establishes a framework for determining when Oklahoma can reduce income tax rates based on state revenue levels. It requires the State Board of Equalization to annually certify five-year average revenue amounts from oil, natural gas, and corporate income taxes. If projected revenue exceeds these averages, specific portions (100% for oil/gas, 25% to a reserve fund and 75% to a stabilization fund for corporate tax) must be deposited into state funds. This bill directly affects Oklahoma taxpayers paying these specific taxes and sets the revenue thresholds that would trigger future income tax rate reductions. The law was approved by the Governor on May 28, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnables income tax rate reductions when revenue exceeds thresholds, directs excess to stabilization fund, promoting fiscal responsibility and tax relief.90% confidence

Sub-Topics Business Taxes Income Tax Revenue

in committee · Oklahoma · House Feb 4, 2025

HB 1146: Revenue and taxation; county severance tax; election; apportionment; Oklahoma Tax Commission; effective date.

HB 1146 authorizes Oklahoma counties to levy a severance tax on surface-mined materials (excluding coal) at a maximum rate of $0.10 per ton, requiring voter approval through a special election or initiative petition. The tax revenue must be split equally: 50% for county road and bridge improvements, and 50% for municipal infrastructure projects based on population. Exemptions include limestone used for agriculture, materials sold for hydraulic fracturing, and personal extraction not for profit. Counties must notify taxpayers 60 days before rate changes and cannot impose additional fees on mining operations. The bill takes effect November 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes new severance tax to fund county roads/bridges and municipal infrastructure, directly allocating tax revenue to public infrastructure projects per bill's allocation.95% confidence ✓ TransportationSupports TransportationBill allocates 50% of severance tax revenue specifically for county road and bridge improvements, directly funding transportation infrastructure.95% confidence

Sub-Topics Business Taxes Revenue Sales Tax Bridges Roads & Highways Transportation Funding

Track

passed · Oklahoma · House Apr 1, 2025

HB 1221: Public finance; creating the State Accounts for Federal Expenditures Act (SAFE Act); creating State Accounts; approval; hearings; agency requirements; effective date; emergency.

HB 1221 creates "SAFE Accounts" in Oklahoma’s State Treasury to manage specific federal funds received by state agencies. It requires agencies to seek legislative approval (via concurrent resolution) before accessing funds from competitive grants, federal relief payments, or block grants, and mandates detailed reporting to the Legislature about grant applications and funding purposes. Existing federal programs already managed by agencies as of January 1, 2025, are excluded from these requirements unless they involve competitive grants needing reapplication after November 2025. The bill also establishes deadlines for submitting notices and holding hearings on new federal funding sources, effective July 1, 2025, for block grants and November 1, 2025, for competitive grants.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates legislative approval and reporting for federal funds, enhancing fiscal accountability and transparency in government spending management.85% confidence

Track