HB 2775 allocates $41.6 million from Oklahoma's Legacy Capital Financing Fund to construct, refurbish, or expand military facilities for the Oklahoma Military Department. The bill requires that recapitalization payments for this fund distribution begin only in the state fiscal year starting July 1, 2026, delaying repayment obligations. The Oklahoma Capitol Improvement Authority may distribute the funds in multiple payments and enter non-binding agreements with state agencies to facilitate the project, without creating legal obligations for the state. This directly benefits military infrastructure and operations across Oklahoma.
SB 1179 allocates $100,000 from Oklahoma's General Revenue Fund to the Department of Human Services for the J.D. McCarty Center for Children with Developmental Disabilities during the 2025-2026 fiscal year. The bill designates this funding specifically for the center's operations, with no additional policy changes beyond the appropriation. It was enacted as an emergency measure without the Governor's signature on May 29, 2025.
SB 287 extends Oklahoma's aerospace tax credit program, allowing employers in the aerospace sector to claim credits for tuition reimbursement and compensation paid to qualified employees through 2031. The credit for tuition is 50% of the cost (capped at the average public tuition in Oklahoma) for the first four years of employment, while the credit for compensation is 10% for employees with Oklahoma degrees or 5% for out-of-state graduates, applicable for the first five years of employment. This bill affects aerospace businesses and certain educational institutions, specifically targeting employees with ABET-accredited aerospace engineering degrees or licensed engineers.
HB 2777 allocates $20 million from Oklahoma's Opioid Lawsuit Settlement Fund to the state's Opioid Abatement Revolving Fund for opioid-related programs, and $1.25 million to local governments that did not sue opioid manufacturers. The bill directs these funds to be used for opioid abatement efforts, such as treatment and prevention services, without requiring new taxes. It becomes effective July 1, 2025, and was signed into law on May 29, 2025. The legislation uses existing settlement funds rather than creating new spending.
This bill appropriates $100,000 from the General Revenue Fund to the Oklahoma Department of Agriculture, Food, and Forestry for the 2025-2026 fiscal year. The funds are designated to support the department's statutory duties, with no specific program or project named. The bill declares an emergency to take immediate effect, bypassing the usual 90-day waiting period, and became law on May 29, 2025, without the Governor's signature. It directly affects the department's budget allocation but does not alter existing laws or create new programs.
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.
SB 921 transfers administration of Oklahoma's Impaired Driver Accountability Program (IDAP) from the Department of Public Safety to the Board of Tests for Alcohol and Drug Influence. It requires participants to pay a $150 administrative fee ($100 to the General Revenue Fund, $25 each to the DPS and Board funds) and mandates specific program requirements, including installing ignition interlock devices for set periods, meeting violation-free periods, and providing medical or affordability documentation for exemptions. The bill outlines criteria for medical exemptions (requiring pulmonologist certification for breath sampling issues) and employer exceptions (only for certain revocations), while clarifying that exemptions do not restore driving privileges during revocation. Successful program completion allows participants to present a certificate and pay fees to reinstate driving privileges through Service Oklahoma.
SB 684 modifies Oklahoma's Parental Choice Tax Credit Act by increasing the annual credit limit to $7,500 for eligible taxpayers claiming credits for private school tuition and related education expenses. It changes the tax years for which the credit limit applies and requires the Oklahoma Tax Commission to maintain a publicly accessible, searchable online list of all taxpayers claiming the credit, including their names, credit amounts, and the specific law authorizing the credit. This bill directly affects Oklahoma taxpayers claiming the education credit and participating private schools, which must provide information to the Tax Commission. The law also specifies that qualified expenses include tuition at accredited private schools or certain educational services like tutoring and materials. The changes take effect immediately upon the bill's approval.
HB 1086 updates Oklahoma's school funding rules by redefining how school districts manage their general funds. It requires districts to place capital project funds (like those for building repairs) into a separate building fund instead of the general fund, and eliminates the practice of carrying over general fund money to future years. The bill restricts general fund use for capital projects to only cases where a building is destroyed by disaster (fire, flood, etc.) and other funding sources (insurance, state aid) are insufficient. This directly affects all Oklahoma public school districts in how they track and spend state and local education funds.
HB 1183 changes how Oklahoma calculates the motor vehicle excise tax by requiring the actual sales price (before trade-in discounts) to be used, provided it stays within 20% of the average retail value from Service Oklahoma's reference guides. This affects vehicle buyers and dealers, who must now document the sales price and tire details on the bill of sale. The bill mandates that the recorded price must align with published retail values to determine tax liability. It becomes effective November 1, 2025.
