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 4340: Revenue and taxation; sales tax; exemptions; frack water; effective date.

HB 4340 would add a sales tax exemption for the sale of "frack water" (wastewater from oil and gas extraction) in Oklahoma. This exemption would directly affect oil and gas companies and vendors selling this wastewater, eliminating the sales tax on such transactions. The bill amends Oklahoma's sales tax code to include this specific exemption under existing tax exemption categories. The policy change would reduce tax burdens for businesses involved in handling oil and gas extraction wastewater. The bill is currently pending in the Appropriations and Budget Natural Resources Subcommittee.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill creates tax exemption for oil/gas industry, reducing state sales tax revenue and weakening fiscal management by eliminating tax on business transactions.95% confidence ✗ EnergyOpposes EnergyExempts frack water sales from tax, directly benefiting oil/gas extraction (fossil fuels), opposing renewable energy transition85% confidence ✗ EnvironmentOpposes EnvironmentExempts frack water (wastewater from oil/gas extraction) from sales tax, reducing costs for industry handling environmentally hazardous wastewater, prioritizing industry over environmental protection.85% confidence | Rep's Stance ✗ Voted No ✓ 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 4280: Roads and bridges; ROADS Fund; apportionment; reports; effective date.

HB 4280 increases annual funding for Oklahoma's Rebuilding Oklahoma Access and Driver Safety Fund (ROADS Fund) to support road and bridge construction and maintenance. It sets specific annual funding levels: $575 million for fiscal year 2021, $590 million for 2022, $610 million for 2025, and $670 million starting in 2026. The bill requires the Department of Transportation to use these funds first for debt payments on highway obligations, then for road/bridge construction, maintenance, and matching federal funds. The legislation directly affects Oklahoma's highway infrastructure and the DOT's budget allocation process, with funding adjustments triggered by revenue shortfalls.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases state budget allocation for road infrastructure, a core public service, with specified annual funding hikes from $575M to $670M.95% confidence ✓ TransportationSupports TransportationIncreases annual funding for road/bridge construction/maintenance via ROADS Fund with specified fiscal year allocations.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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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