Budget & Taxes

signed · Oklahoma · House May 6, 2025

HB 1392: Counties and county officers; county treasurer fee; effective date.

HB 1392 increases the fee county treasurers charge for certifying mortgages from $5 to $10 per mortgage. This fee, paid by mortgage borrowers, lenders, or other interested parties, will be deposited into a dedicated "County Treasurer's Mortgage Certification Fee Account" and used solely for operating the treasurer's office. The bill modifies existing mortgage tax rates based on loan term length but focuses the main change on the certification fee increase. It becomes effective November 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases mortgage certification fee to fund county treasurer's office operations, providing dedicated revenue stream for government function.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

vetoed · Oklahoma · Senate May 5, 2025

SB 37: Oklahoma State Bureau of Investigation; authorizing response to certain events; creating revolving fund. Effective date.

SB 37 would have authorized the Oklahoma State Bureau of Investigation (OSBI) to independently respond to mass casualty events caused by violent crime (defined as incidents injuring ≥3 people, requiring unusual emergency resources, and causing a sudden surge of casualties) without needing a local law enforcement request. It created a "Mass Casualty Revolving Fund" in the state treasury to cover OSBI costs for these investigations, funded by state appropriations, federal grants, or other designated sources. The fund would allow ongoing, unrestricted spending for OSBI's role in coordinating with local agencies during such events. This bill was vetoed by the Governor on May 5, 2025, so it did not become law.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates Mass Casualty Revolving Fund funded by state appropriations for OSBI investigations, directly allocating budget resources to public safety program.95% confidence ✓ Criminal JusticeSupports Criminal JusticeCreates Mass Casualty Revolving Fund to enable OSBI response to violent crime incidents without local request, directly funding law enforcement capacity for criminal justice response.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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signed · Oklahoma · Senate Apr 28, 2025

SB 469: Oklahoma Emission Reduction Technology Rebate Program; modifying eligibility requirements. Effective date. Emergency.

SB 469 modifies eligibility requirements for Oklahoma's Emission Reduction Technology Rebate Program, which provides up to 25% rebates for businesses implementing qualifying emission-reduction projects within the state. The bill clarifies submission deadlines (requiring documentation within six months after fiscal year-end completion) and adds a preliminary review process for applications before project funding is spent. It also specifies that applicants must have filed all required Oklahoma tax returns and maintain $1 million general liability insurance with workers' compensation coverage. The changes apply to businesses seeking rebates administered by the Department of Environmental Quality and Oklahoma Tax Commission, using funds from dedicated revolving funds. The bill takes effect July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes tax rebates (up to 25%) for businesses implementing emission projects, providing tax relief through state fiscal incentives.85% confidence ✓ EnergySupports EnergyModifies rebate program to incentivize emission-reduction projects, directly advancing cleaner energy infrastructure through financial incentives for qualifying businesses.95% confidence ✓ EnvironmentSupports EnvironmentBill modifies rebate program to fund emission-reduction projects, directly supporting pollution control through business incentives.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

passed · Oklahoma · House Apr 28, 2025

HB 1243: Career and technology education; creating the National Guard CareerTech Assistance Act; tuition assistance; repayment amount; hardship waiver; creating fund; effective date; emergency.

HB 1243 creates the Oklahoma National Guard CareerTech Assistance Program, providing tuition assistance to eligible Oklahoma National Guard members enrolled in state technology center programs that lead to certification or licensure. The program covers tuition costs (up to a three-year limit) for members who agree to remain in service for 24 months after completing their training and maintain academic requirements like a 2.0 GPA. Members who fail to meet service or academic obligations must repay assistance calculated as a monthly amount based on the total assistance received, though hardship waivers are available. The program is funded through a new revolving fund in the state treasury, supported by annual state appropriations, and administered by the State Board of Career and Technology Education.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates dedicated state fund for tuition assistance, directly allocating budget resources to fund National Guard education programs without tax changes.95% confidence ✓ EducationSupports EducationCreates tuition assistance fund for National Guard members in career tech programs, expanding educational access and funding for vocational training.95% confidence ✓ TechnologySupports TechnologyProvides tuition assistance for National Guard members in technology certification programs, funding workforce development in technology fields.90% confidence ✓ VeteransSupports VeteransProvides tuition assistance for National Guard members' career training, directly supporting veterans' education and employment benefits through state-funded program.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 28, 2025

HB 1201: Revenue and taxation; credit; pregnancy resource centers; effective date.

HB 1201 creates a 70% tax credit for Oklahoma taxpayers who donate to certified pregnancy resource centers, capping the credit at $50,000 per donor annually. To qualify, centers must provide free, non-abortion services (like prenatal care and counseling) without performing or referring for abortions, and must be certified by the state health director. The total annual tax credits for all donors are capped at $5 million, with annual adjustments to prevent exceeding this limit. The credit applies to donations of $100 or more and takes effect January 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates 70% tax credit for donations to pregnancy centers, reducing taxpayer liability while capping total annual credits at $5M, aligning with tax relief and fiscal responsibility.95% confidence ✓ HealthcareSupports HealthcareCreates tax credit for donations to centers providing prenatal care and counseling (non-abortion healthcare services), directing funds toward specific health services.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 24, 2025

HB 2590: Public finance; Office of Management and Enterprise Services; requiring certain form for use in contracts related to management of federal funds; content; effective date.

HB 2590 requires Oklahoma's Office of Management and Enterprise Services to create a standardized form for state agencies evaluating vendors managing federal funds. This form must include specific vendor details like legal name, incorporation jurisdiction, principal officers' names, prior federal fund management experience, recent financial audits, and pending lawsuits. It directly affects state agencies contracting with external vendors for federal fund management. The bill mandates this form be used starting July 1, 2025, to standardize vendor vetting processes.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates vendor vetting for federal fund management, promoting fiscal accountability and responsible oversight per Budget & Taxes topic description.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 21, 2025

HB 1433: Municipal audits; re-creating the Special Investigative Unit Auditing Revolving Fund; funding sources; purpose; effective date; emergency.

HB 1433 re-creates a revolving fund to support municipal audits conducted by Oklahoma's Special Investigative Unit. The bill specifies funding sources for this fund and sets an effective date of July 1, 2025, with an emergency clause allowing immediate implementation upon approval. It directly affects Oklahoma municipalities requiring audit services and the Special Investigative Unit's operational budget. The bill's core mechanism is establishing this dedicated funding stream to ensure consistent audit capacity for local governments. (Note: The provided context lacks detailed policy provisions beyond the title, effective date, and fund structure.)

Topics ✓ Budget & TaxesSupports Budget & TaxesRe-creates revolving fund for municipal audits, ensuring dedicated budget allocation and fiscal accountability per bill's funding mechanism.92% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · Senate Apr 17, 2025

SB 304: Income tax; limiting certain personal exemption to certain tax years; modifying amount of standard deduction for certain tax years. Effective date.

SB 304 modifies Oklahoma's individual income tax structure for the 2024 tax year. It establishes new tax brackets with lower rates (0.25% to 4.75% for single filers, 0.25% to 4.75% for married couples filing jointly) compared to prior years, replacing older rates. The bill also limits certain personal exemptions to specific tax years and adjusts standard deduction amounts. These changes directly affect all Oklahoma residents filing individual income tax returns for 2024. The bill updates statutory references and language but does not create new taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesLowers 2024 income tax brackets (0.25%-4.75%) compared to prior years, providing tax relief to Oklahoma residents filing individual returns.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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died · Oklahoma · House Apr 15, 2025

HB 1203: Public finance; enacting the Strategic Bitcoin Reserve Act; definitions; investments; State Treasurer; assets; state retirement funds; digital assets; effective date.

HB 1203, the Strategic Bitcoin Reserve Act, would allow Oklahoma's State Treasurer to invest up to 10% of specific state funds (General Fund, Revenue Stabilization Fund, and Constitutional Reserve Fund) in Bitcoin or digital assets with a $500 billion+ market cap, plus approved stablecoins. The bill requires all digital assets to be held through secure custody solutions meeting strict security standards, including multi-party governance and encrypted storage in geographically diverse facilities. It also mandates that taxes paid in Bitcoin be converted to U.S. currency and transferred to the State General Fund, and permits state retirement funds to hold digital assets under similar secure custody rules. The act applies directly to state treasury operations, retirement funds, and tax collection processes. The bill was introduced in 2025 but failed in committee in April 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes strategic investment of state funds in Bitcoin with security standards, promoting fiscal management within budget framework.85% confidence ✓ TechnologySupports TechnologyBill explicitly authorizes state investment in Bitcoin/digital assets, advancing cryptocurrency adoption and digital asset infrastructure within public finance.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed both · Oklahoma · House Apr 14, 2025

HB 1539: Revenue and taxation; individual income tax; rates; brackets; revenue determinations; effective date.

HB 1539 lowers Oklahoma's individual income tax rates for the 2024 tax year. It reduces the top tax rate from 5.50% to 4.75% for most filers, with new brackets starting at 0.25% on the first $1,000 of income (e.g., 0.75% on the next $1,500 for single filers). The bill affects all Oklahoma residents and nonresidents who file individual income tax returns, applying to taxable income earned in 2024. The change eliminates the previous tiered top rate structure and requires no deduction for federal income taxes paid.

Topics ✓ Budget & TaxesSupports Budget & TaxesLowers individual income tax rates for most filers, providing tax relief and reducing the top rate from 5.50% to 4.75%.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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