Budget & Taxes

signed · Oklahoma · Senate Apr 1, 2026

SB 680: Tobacco products; modifying definition; providing exemption. Effective date.

SB 680 modifies Oklahoma's definition of "cigarette" to explicitly include heated tobacco products, expanding the scope of existing tax regulations. The bill provides a tax exemption for these products and requires the Oklahoma Tax Commission to establish rules for compliance. This directly affects manufacturers, distributors, and retailers of heated tobacco products by changing how they are classified under cigarette tax laws. The bill updates statutory definitions and references to align with this new exemption, ensuring heated tobacco products are treated consistently under the tax code.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill provides tax exemption for heated tobacco products, reducing potential state tax revenue under cigarette tax laws by excluding them from existing tax obligations.85% confidence | Rep's Stance ✗ Voted No ✓ Supports Budget & Taxes

passed · Oklahoma · House Apr 1, 2026

HB 2952: Revenue and taxation; motor vehicle excise tax; value of vehicle; effective date.

HB 2952 changes how Oklahoma calculates the tax on new vehicle purchases by requiring the motor vehicle excise tax to be based on the sales price minus any trade-in value. This directly affects vehicle buyers who use trade-ins, as the adjusted price (after subtracting trade-in credits) must now appear on the bill of sale. The bill mandates that sellers document this reduced value on the bill of sale or a prescribed form, rather than using the full sales price. It takes effect on July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces tax burden on vehicle buyers by basing excise tax on adjusted price after trade-in, providing direct tax relief per bill's calculation change.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Feb 26, 2026

HB 2140: Revenue and taxation; Ad Valorem Tax Code; definitions; classifications of property; valuation procedures; effective date.

HB 2140 changes how commercial buildings with unfinished interiors are taxed in Oklahoma. It requires county assessors to value such properties - those sold or leased for the new owner/tenant to complete interiors (e.g., flooring, ceilings) - based solely on the cost of construction materials before interior work, not the full building cost. This applies to commercial buildings constructed without final interior elements like finished walls or cabinetry, affecting property owners and contractors selling or leasing these spaces. The law takes effect January 1, 2026, directly impacting property tax assessments for these specific commercial properties.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces taxable value for commercial properties by excluding interior costs, lowering property tax burden on owners/contractors.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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in committee · Oklahoma · House Feb 12, 2026

HB 3760: Revenue and taxation; Law Enforcement Strategic Support Act; income tax credits; law enforcement support; foundations; procedures; reporting requirements; effective date.

HB 3760 creates tax credits for Oklahomans who donate to certified law enforcement foundations supporting local police departments. Taxpayers can claim credits up to $5,000 annually (single filers) or $10,000 (married/joint filers), with a total annual cap of $75 million statewide and $3 million per foundation. Foundations must be certified by the state, and donations must fund specific officer needs like training, equipment, or joint emergency response teams - *not* regular salaries. The bill requires foundations to report spending and sets strict limits to ensure credits don’t exceed state revenue goals.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credits for law enforcement foundation donations with statewide spending caps, directing funds to essential officer needs (training/equipment) while managing state budget impact.85% confidence ✓ Criminal JusticeSupports Criminal JusticeFunds law enforcement via tax credits for foundations supporting officer training/equipment, strengthening local police resources without defunding.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Feb 2, 2026

HB 1834: Revenue and taxation; creating the Inhofe Disaster Savings Account Act; income tax; effective date.

HB 1834 creates the "Inhofe Disaster Savings Account Act" in Oklahoma, allowing homeowners to set up tax-advantaged savings accounts specifically for covering insurance deductibles or self-insured losses related to qualifying disasters (hurricanes, tornadoes, floods, etc.) at their primary residence. Homeowners can deduct contributions from state taxable income (with limits based on their insurance deductible: $2,000 max for deductibles ≤$1,000, up to $15,000 or twice the deductible for higher deductibles, or $350,000 for self-insured), and all interest earned in the account is exempt from state income tax. Withdrawals are tax-free if used for qualified disaster expenses (declared by federal/state authorities), but otherwise become taxable income with a 2.5% penalty, and accounts pass tax-free to surviving spouses upon death. The law takes effect January 1, 2026, targeting Oklahoma homeowners seeking disaster financial preparedness.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides tax deduction for disaster-related expenses, reducing taxable income for homeowners - direct tax relief aligned with fiscal responsibility and middle-income support.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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signed · Oklahoma · Senate Jun 11, 2025

SB 140: Mathematics instruction; directing expenditure of certain funds; creating the Oklahoma Math Achievement and Proficiency Act. Effective date. Emergency.

This bill, titled "Mathematics instruction..." but actually amending the Oklahoma Higher Learning Access Program, adjusts financial eligibility rules for students seeking higher education support. It raises income thresholds for program qualification (e.g., $80,000 annually for families with five+ children starting in 2025-2026) and adjusts age limits for participation (extending to age 18 for some applicants). Students must meet updated income requirements and comply with program terms like regular school attendance and avoiding substance abuse to maintain eligibility. The bill directly affects Oklahoma students in grades 5-11 seeking financial aid for post-secondary education through this state program.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRaises income thresholds for program eligibility, reducing state expenditure on higher education access by limiting qualifying applicants.85% confidence ✗ EducationOpposes EducationRaises income thresholds for higher education funding eligibility, restricting access to support programs for qualifying students.90% confidence | Rep's Stance ✗ Voted No ✓ Supports Budget & Taxes

vetoed · Oklahoma · House May 30, 2025

HB 1378: Revenue and taxation; sales tax exemptions; agriculture; definition to include timber; effective date.

HB 1378 would have expanded Oklahoma's sales tax exemptions for agriculture by adding timber to the definition of "agricultural products." This change would have exempted sales of timber (including timber products used in farming) from sales tax, directly affecting Oklahoma agricultural businesses, farmers, and timber producers. The bill amended existing tax code provisions that already exempted farm products, livestock, feed, fertilizer, machinery, and other agricultural supplies. However, the bill was vetoed by the Governor on June 10, 2025, and did not become law.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands sales tax exemptions for agricultural timber, providing tax relief to farmers and timber producers per bill summary.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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signed · Oklahoma · House May 30, 2025

HB 2610: Revenue and taxation; nonrecurring adoption expenses credit; modifying amount; effective date.

HB 2610 increases Oklahoma's tax credit for nonrecurring adoption expenses from 10% to 15% of eligible costs, raising the maximum annual credit to $3,000 for single filers or married individuals filing separately, and $6,000 for married couples filing jointly. The credit applies to Oklahoma resident taxpayers who pay for adoption-related expenses such as fees, court costs, medical expenses, and travel, but excludes attorney fees in contested adoptions and home renovations. The Oklahoma Tax Commission will establish rules for verifying qualifying expenses. This change takes effect January 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credit for adoption expenses, providing direct tax relief to eligible taxpayers by raising credit amounts.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

signed · Oklahoma · House May 30, 2025

HB 2758: Transportation; financing; Preserving and Advancing County Transportation Fund; apportionment; effective date; emergency.

HB 2758 creates the "Preserving and Advancing County Transportation Fund" (PACT Fund) to allocate oil and gas tax revenues directly to Oklahoma counties for road and bridge maintenance. The fund prioritizes counties with the lowest current road maintenance funding, directing two-thirds of its money to help all counties reach a $4,000 per road mile target for highway upkeep. The remaining one-third is split equally between funding road miles based on statewide totals and allocating funds for county bridges using the most recent ODOT bridge inventory data. This bill directly affects all Oklahoma counties by providing a dedicated, ongoing source of funding for their local road and bridge systems.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill allocates oil and gas tax revenues to fund county road maintenance, prioritizing underfunded areas and setting a $4,000 per mile target. Directly uses tax revenues for public infrastructure, advancing fiscal management of transportation spend...90% confidence ✓ TransportationSupports TransportationCreates PACT Fund to allocate oil/gas taxes for county road maintenance, prioritizing low-funding areas to reach $4,000/mile highway upkeep target.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

vetoed · Oklahoma · House May 29, 2025

HB 2785: Public finance; imposing duties upon the Office of Management and Enterprise Services; budget procedures for the Oklahoma Department of Mental Health and Substance Abuse Services; requirements related to allocation of funds; emergency.

HB 2785 requires Oklahoma's Office of Management and Enterprise Services (OMES) to implement stricter budget oversight for the Department of Mental Health and Substance Abuse Services. It mandates OMES to review agency budgets against actual spending before releasing funds, prohibit contracts without clear cost limits, restrict multi-year contract encumbrances to current-year funds, and block payments for unapproved expenses. The bill also requires OMES to report monthly revenue and spending status to the Governor, legislature leadership, and relevant committees. This directly affects state budget management for mental health services by adding specific financial controls to prevent overspending. The law takes immediate effect due to an emergency declaration.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires stricter budget oversight, cost controls, and prevents unapproved spending to promote fiscal responsibility within mental health funding procedures.90% confidence ✗ HealthcareOpposes HealthcareBill restricts mental health funding flexibility by mandating strict budget oversight, blocking unapproved payments, and limiting contract terms, reducing operational capacity.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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