SB 258 creates a dedicated fund called the "Major Collector Routes Fund" in Oklahoma's state treasury to support county transportation projects. It directly affects Oklahoma counties, which can apply for grants to improve roads and bridges through a competitive program. The fund uses state budget money (not new taxes) to pay for projects evaluated on safety, innovation, necessity for public use, and features like traffic safety or school bus routes. Counties must contribute financially to projects to qualify, and funds are available continuously without annual budget limits.
HB 3661 expands Oklahoma's sales tax exemptions for agricultural products and inputs. It specifically exempts sales of farm-produced goods (like produce and dairy from owner-operated farms), livestock, feed, agricultural fertilizer, machinery, and supplies directly used in farming or ranching operations. The bill requires purchasers to provide written certification confirming items will be used in agricultural production, with false certifications subject to penalties. These exemptions apply only to items used for commercial farming or ranching, not personal gardens or pet-related activities. The changes aim to reduce tax burdens for Oklahoma agricultural producers and their supply chain.
HB 3986 modernizes Oklahoma's gross production tax for oil, gas, and mineral production. It sets a 7% tax rate on most oil and gas production (increasing from previous rates), with a temporary 5% rate for wells spudded before the law's effective date for 36 months. The bill creates tax exemptions for 5 years for secondary/tertiary recovery projects (approved after July 2022) and offers a 50% tax reduction for 36 months on production from orphaned wells (requiring a $25,000 bond per well). Producers of oil/gas using recycled water for well completion also get a 24-month exemption proportional to recycled water use. Refunds for exempt production are capped annually at $15 million for recovery projects and $10 million for recycled water projects.
HB 4408 requires the Oklahoma Department of Corrections and the Administrator of the Courts to submit annual data by July 31st on offenders convicted only of crimes reclassified under State Question 780 (which reduced penalties for certain low-level offenses). This data includes unique offenders, days served, and sentence lengths for offenses now classified as misdemeanors or with adjusted dollar thresholds. The Legislative Office of Fiscal Transparency must then calculate the state's annual savings from reduced incarceration costs within 30 days, using actual data or best estimates if needed. The final calculation is binding and cannot be revised later, with the bill taking effect November 1, 2026.
HB 3465 extends the termination date for Oklahoma's Emission Reduction Technology Rebate Program from July 1, 2027, to July 1, 2029. This change directly affects businesses and entities participating in the rebate program, allowing them to continue receiving incentives for emission-reducing technology through 2029. The bill amends Section 55012 of the Oklahoma Statutes to update the program's end date while maintaining existing rebate mechanisms. It becomes effective November 1, 2026.
HB 3944 consolidates four Oklahoma state agencies - Department of Central Services, Office of Personnel Management, Oklahoma State Employees Benefits Council, and State and Education Employees Group Insurance Board - into a single Office of Management and Enterprise Services. It requires state agencies to submit detailed budget requests with performance metrics and track federal funds (like CARES and ARPA) through weekly and quarterly public reports. The bill also updates fund transfer procedures, eliminates outdated references in financial rules, and mandates clearer reporting on budget requests to the Legislature. These changes directly affect state agencies managing public funds and aim to modernize financial transparency.
HB 3590, the Oklahoma Opportunity Scholarship Act of 2026, expands tax credits for Oklahoma taxpayers who contribute to scholarship-granting organizations. It increases the maximum annual tax credit: to $5,000 for single filers (up from $1,000), $10,000 for married couples filing jointly (up from $2,000), and $250,000 for businesses (up from $100,000). Taxpayers who commit to contribute the same amount for two consecutive years qualify for a 100% credit (up from 75%) on those contributions. The bill affects Oklahoma taxpayers making eligible contributions and requires scholarship organizations to submit annual financial reports to the Oklahoma Tax Commission. It takes effect January 1, 2027.
HB 4426 creates a state income tax credit for businesses making qualified economic development expenditures in specific Oklahoma locations. It allows eligible businesses to claim up to 10% of qualifying construction, equipment, or infrastructure costs (capped at $6 million per project), or up to 50% for rail infrastructure (capped at $3 million). The credit can be assigned to project affiliates like vendors or investors and carried forward for up to five years, with an annual state cap of $12 million. The bill applies to projects in counties under 100,000 population, industrial parks, economic development zones, or near qualifying railroads, effective November 2026.
HB 3043 creates a new category of "seasonal employees" for Oklahoma's Department of Veterans Affairs, defined as unclassified staff working under 1,699 hours annually. These employees will not receive benefits like paid leave, health insurance, retirement, or paid holidays. The bill requires the Department to report annual usage of these positions, including worker counts and total wages, in its budget requests. The law takes effect November 1, 2026.
HB 3530 requires alcohol licensees (like bars, restaurants, and stores) in Oklahoma to maintain detailed records of alcoholic beverage transactions for three years. These records must include specific itemizations and be available for inspection by the ABLE Commission or Oklahoma Tax Commission within 10 business days of a request. The bill amends existing law to standardize these recordkeeping requirements and sets an effective date of November 1, 2026. It directly affects all businesses holding alcohol licenses under Oklahoma's current beverage control system.
