Budget & Taxes

passed · Oklahoma · House Apr 8, 2026

HB 3625: Schools; investment; funds; effective date; emergency.

HB 3625 amends Oklahoma law governing school district financial management. It requires school districts to maintain separate ledgers for each fund and investment, sets a maximum bond amount for school district treasurers (not exceeding the county treasurer's bond), and mandates a written investment policy prioritizing safety and liquidity. The bill restricts school district investments to U.S. government securities, state obligations rated A+ or better, insured certificates of deposit, and other specified low-risk instruments. These changes standardize financial oversight for school district funds while limiting investment options to protect public money.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates fiscal responsibility in school district investments, prioritizing safety and liquidity through specific investment restrictions and management policies.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 7, 2026

HB 3463: Cities and towns; annual audit; agreed-upon-procedures; State Auditor and Inspector; Oklahoma Tax Commission; revolving fund; effective date; emergency.

HB 3463 requires Oklahoma cities and towns with $50,000+ annual revenue (excluding federal grants and certain utility trust income) to conduct annual financial audits or a simplified biennial review. Smaller municipalities (under 2,500 residents) may opt for the biennial review instead of full audits. If they miss filing deadlines, the state withholds their monthly gasoline tax payments until compliance, with unfiled funds transferred to a special audit fund after two years. The bill applies directly to local governments managing significant public funds.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates municipal financial audits for fiscal accountability, promoting responsible budget management per topic description.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 1, 2026

HJR 1046: Oklahoma Constitution; ad valorem; property exempt; meteorological event; ballot title; filing.

This proposed constitutional amendment (HJR 1046) would add a 100% property tax exemption for primary residences in Oklahoma damaged or destroyed by qualifying weather events (like tornadoes, hail, or high winds). It directly affects homeowners whose primary residence becomes uninhabitable due to such events, exempting the full assessed value of the property from ad valorem taxes during the tax year of damage (or the following year if damage occurs after June). The exemption applies only to properties deemed "uninhabitable" and unable to be safely occupied for residential use. This amendment requires voter approval through a legislative referendum before taking effect.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides targeted tax exemption for primary residences damaged by weather events, reducing state tax revenue for affected homeowners and aligning with tax relief support for middle-income residents.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 1, 2026

HB 3942: Public finance; Incentive Evaluation Commission; communications; presentation of findings; comparison of certain results; effective date; emergency.

HB 3942 requires Oklahoma's Incentive Evaluation Commission to annually assess state economic incentives (like tax credits or grants) from 2024 onward. It mandates a schedule for evaluating all incentives based on fiscal impact and goals, with exemptions only for minimal-cost programs. Each evaluation must analyze the incentive's economic impact, effectiveness, alignment with state priorities, and recommendations for retention or changes. The Commission must report findings to lawmakers and the public by December 15 each year, including cost estimates, goal achievement, and suggestions for policy improvements. This directly affects state agencies administering incentives and lawmakers reviewing their value.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates annual fiscal impact evaluations of tax credits/grants to ensure alignment with state priorities and promote fiscal responsibility, strengthening budget oversight.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 1, 2026

HB 3976: Hospitals; Rural and Small Hospital Grant Program; Rural and Small Hospital Grant Revolving Fund; codification; effective date.

HB 3976 establishes a grant program under Oklahoma's State Department of Health to help rural and small hospitals open new facilities or keep existing ones open by funding infrastructure, equipment, or technology needs. Hospitals applying must contribute at least 20% of project costs through cash or in-kind donations. The program will be funded through a new revolving fund in the state treasury, which replenishes itself and can be used continuously without annual budget limits.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates sustainable revolving fund for rural hospital infrastructure, aligning with fiscal responsibility and essential service funding without annual budget constraints.95% confidence ✓ HealthcareSupports HealthcareBill creates grant program funding rural/small hospital infrastructure, ensuring access to healthcare services through direct financial support.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 1, 2026

HJR 1081: Oklahoma Constitution; ad valorem; senior fair cash value limit; ballot title; filing.

This bill proposes a constitutional amendment (HJR 1081) that would eliminate the income requirement for Oklahoma seniors to qualify for a property tax limit on their homesteads. Currently, seniors aged 65+ must meet an income threshold based on HUD median income for their area; this amendment removes that requirement while keeping the age, 7-year occupancy, and $700,000 property value cap. It would apply only to homesteads valued at $700,000 or less, with the tax limit frozen at the value when the owner turned 65 (or January 1, 1997, for those already eligible before 1997). The change requires voter approval via a ballot measure.

Topics ✓ Budget & TaxesSupports Budget & TaxesRemoves income requirement for senior property tax relief, expanding access to tax benefit for low/middle-income seniors while maintaining caps.95% confidence ✓ HousingSupports HousingRemoves income barrier for senior property tax relief, increasing affordability for elderly homeowners on homesteads under $700k value.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 1, 2026

HB 4178: Revenue and taxation; exemptions; public trusts; effective date.

HB 4178 amends Oklahoma's sales tax code to add new exemptions for specific public entities and activities. It creates a new exemption allowing sales tax-free admission ticket surcharges used solely to repay debt for constructing athletic facilities, theaters, or cultural venues at public universities. The bill also expands existing exemptions for sales to certain public trusts, county fairs, educational institutions, and public authorities carrying out construction contracts. These changes directly affect state universities, local government entities, and fair authorities by reducing their taxable purchases. The policy focuses on clarifying and broadening tax relief for public infrastructure projects and nonprofit activities.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax exemptions for public universities and entities, reducing tax burden to support public projects and fiscal responsibility.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 1, 2026

HB 4337: Revenue and taxation; Quality Events Act; definition; effective date.

HB 4337 amends Oklahoma's Quality Events Act to clarify definitions and requirements for economic development incentives tied to major events. It defines key terms like "quality event" (e.g., national championships, televised events) and "economic impact study," which must verify additional sales tax revenue generated by the event. The bill requires local governments to use these studies to confirm tax revenue increases before providing financial support to event promoters. This affects certified sponsors (event organizers) and local governments that fund or support qualifying events, ensuring incentives align with measurable economic benefits.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires economic impact studies to verify tax revenue increases before public funding, promoting fiscal responsibility in budget allocation for event incentives.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 1, 2026

HB 4285: Perinatal health; Perinatal Quality Improvement Revolving Fund; purpose; effective date.

HB 4285 creates a dedicated revolving fund called the "Perinatal Quality Improvement Revolving Fund" within Oklahoma's State Treasury. The fund will receive state and federal appropriations, donations, and grants to support the Oklahoma Department of Health in reducing preventable maternal and infant deaths and health complications. It allows the Department to collaborate with research groups across Oklahoma to improve maternal safety and health outcomes using these pooled resources. The fund is designed as a continuous funding source, not limited to annual budgets, to sustain long-term quality improvement efforts in perinatal care. The bill takes effect on July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates state-funded revolving fund using treasury appropriations to support maternal health program, directly allocating budget resources for public health initiative.95% confidence ✓ HealthcareSupports HealthcareCreates dedicated fund for maternal/infant health outcomes using state/federal funds and research collaboration, directly advancing public health program funding and safety.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Oklahoma · House Apr 1, 2026

HB 2967: Revenue and taxation; motor vehicle excise tax; transfer of vehicle ownership; effective date.

HB 2967 amends Oklahoma's motor vehicle excise tax rules, affecting vehicle owners during transfers of ownership or first registration. It sets a 4.5% tax on off-road all-terrain vehicles, motorcycles, and utility vehicles (with a $5 minimum), and establishes tiered rates for used vehicles based on value and registration year. The bill also creates a $10 tax for heavy trucks, trailers, and frac tanks used for highway cargo, while exempting pickup trucks and commercial vehicles from this tax in lieu of sales/use taxes. Additionally, it allows a credit for excise tax paid on new vehicles replaced due to theft or defects within specific timeframes.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates new tax rates (4.5% on ATVs/motorcycles, tiered used vehicle rates, $10 heavy cargo tax) increasing state revenue, directly advancing budget/tax policy.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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