Budget & Taxes

signed · Oklahoma · Senate May 7, 2025

SB 249: Oklahoma Tourism Development Act; increasing cumulative inducement per year. Effective date.

This bill amends the Oklahoma Tourism Development Act to increase the cumulative inducement amount that can be provided annually for tourism promotion. It directly affects state agencies responsible for developing and marketing Oklahoma as a travel destination. The key provision allows for a higher annual budget allocation to incentivize tourism growth through financial incentives. The bill became law on May 7, 2025, without requiring the Governor's signature.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases state budget allocation for tourism promotion, directly funding government programs and economic development initiatives.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

signed · Oklahoma · Senate May 7, 2025

SB 600: Court fees; increasing certain assessment. Effective date.

SB 600 increases court filing fees in Oklahoma by adding new mandatory assessments to existing civil case fees. It requires an additional $6 for the Law Library Fund, $25 for the Court Information System, $5-$10 for court-appointed child advocates (OCASA), and $2 split between judicial complaint and interpreter services funds. These new fees apply to all civil court filings, including common cases like divorce ($183 base fee) and small claims ($150 base fee), with the exception of those qualifying for fee waivers due to poverty. The bill takes effect November 1, 2025, and includes a temporary $10 fee for court records preservation until November 2027.

Topics ✓ Budget & TaxesSupports Budget & TaxesAdds mandatory fees to fund Law Library, Court Information System, child advocate, and interpreter services, increasing revenue for essential court programs.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

signed · Oklahoma · House May 6, 2025

HB 1392: Counties and county officers; county treasurer fee; effective date.

HB 1392 increases the fee county treasurers charge for certifying mortgages from $5 to $10 per mortgage. This fee, paid by mortgage borrowers, lenders, or other interested parties, will be deposited into a dedicated "County Treasurer's Mortgage Certification Fee Account" and used solely for operating the treasurer's office. The bill modifies existing mortgage tax rates based on loan term length but focuses the main change on the certification fee increase. It becomes effective November 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases mortgage certification fee to fund county treasurer's office operations, providing dedicated revenue stream for government function.85% confidence | Rep's Stance ✗ Voted No ✗ Opposes Budget & Taxes

vetoed · Oklahoma · Senate May 5, 2025

SB 37: Oklahoma State Bureau of Investigation; authorizing response to certain events; creating revolving fund. Effective date.

SB 37 would have authorized the Oklahoma State Bureau of Investigation (OSBI) to independently respond to mass casualty events caused by violent crime (defined as incidents injuring ≥3 people, requiring unusual emergency resources, and causing a sudden surge of casualties) without needing a local law enforcement request. It created a "Mass Casualty Revolving Fund" in the state treasury to cover OSBI costs for these investigations, funded by state appropriations, federal grants, or other designated sources. The fund would allow ongoing, unrestricted spending for OSBI's role in coordinating with local agencies during such events. This bill was vetoed by the Governor on May 5, 2025, so it did not become law.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates Mass Casualty Revolving Fund funded by state appropriations for OSBI investigations, directly allocating budget resources to public safety program.95% confidence ✓ Criminal JusticeSupports Criminal JusticeCreates Mass Casualty Revolving Fund to enable OSBI response to violent crime incidents without local request, directly funding law enforcement capacity for criminal justice response.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track

signed · Oklahoma · Senate Apr 28, 2025

SB 469: Oklahoma Emission Reduction Technology Rebate Program; modifying eligibility requirements. Effective date. Emergency.

SB 469 modifies eligibility requirements for Oklahoma's Emission Reduction Technology Rebate Program, which provides up to 25% rebates for businesses implementing qualifying emission-reduction projects within the state. The bill clarifies submission deadlines (requiring documentation within six months after fiscal year-end completion) and adds a preliminary review process for applications before project funding is spent. It also specifies that applicants must have filed all required Oklahoma tax returns and maintain $1 million general liability insurance with workers' compensation coverage. The changes apply to businesses seeking rebates administered by the Department of Environmental Quality and Oklahoma Tax Commission, using funds from dedicated revolving funds. The bill takes effect July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes tax rebates (up to 25%) for businesses implementing emission projects, providing tax relief through state fiscal incentives.85% confidence ✓ EnergySupports EnergyModifies rebate program to incentivize emission-reduction projects, directly advancing cleaner energy infrastructure through financial incentives for qualifying businesses.95% confidence ✓ EnvironmentSupports EnvironmentBill modifies rebate program to fund emission-reduction projects, directly supporting pollution control through business incentives.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

passed · Oklahoma · House Apr 24, 2025

HB 2590: Public finance; Office of Management and Enterprise Services; requiring certain form for use in contracts related to management of federal funds; content; effective date.

HB 2590 requires Oklahoma's Office of Management and Enterprise Services to create a standardized form for state agencies evaluating vendors managing federal funds. This form must include specific vendor details like legal name, incorporation jurisdiction, principal officers' names, prior federal fund management experience, recent financial audits, and pending lawsuits. It directly affects state agencies contracting with external vendors for federal fund management. The bill mandates this form be used starting July 1, 2025, to standardize vendor vetting processes.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates vendor vetting for federal fund management, promoting fiscal accountability and responsible oversight per Budget & Taxes topic description.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track

passed · Oklahoma · House Apr 17, 2025

HB 2745: Revenue and taxation; banking privilege tax; deductions; effective date.

HB 2745 creates new tax deductions for Oklahoma banks and credit unions that earn interest on qualifying agricultural and housing loans. It allows institutions to deduct up to $500,000 annually (for those with over $750 million in Oklahoma deposits) or $250,000 (for smaller institutions) from their privilege tax bill. The deductions apply to interest earned on agricultural real estate loans, agricultural operating loans, and single-family residence loans made between 2025 and 2028. Total deductions across all institutions are capped at $5 million per year, with annual adjustments to maintain this limit.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill creates tax deductions for large banks/credit unions, reducing government revenue via privilege tax breaks, aligning with 'tax breaks primarily for wealthy'.95% confidence ✓ HousingSupports HousingCreates tax deductions for banks making qualifying housing loans (single-family residences), incentivizing lending to advance housing development and affordability.90% confidence | Rep's Stance ✓ Voted Yes ✗ Opposes Budget & Taxes

Track

passed · Oklahoma · Senate Apr 17, 2025

SB 304: Income tax; limiting certain personal exemption to certain tax years; modifying amount of standard deduction for certain tax years. Effective date.

SB 304 modifies Oklahoma's individual income tax structure for the 2024 tax year. It establishes new tax brackets with lower rates (0.25% to 4.75% for single filers, 0.25% to 4.75% for married couples filing jointly) compared to prior years, replacing older rates. The bill also limits certain personal exemptions to specific tax years and adjusts standard deduction amounts. These changes directly affect all Oklahoma residents filing individual income tax returns for 2024. The bill updates statutory references and language but does not create new taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesLowers 2024 income tax brackets (0.25%-4.75%) compared to prior years, providing tax relief to Oklahoma residents filing individual returns.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track

passed · Oklahoma · Senate Apr 15, 2025

SB 1114: Constitutional amendment; providing credit for owners of property that qualify for certain limitation on the growth of fair cash value.

SB 1114 creates a property tax credit for Oklahoma homeowners with qualifying homesteads who meet the existing "limitation on growth of fair cash value" under state law. The credit equals the difference between a homeowner's current year property tax and the prior year's tax, but only if the current tax is lower. County assessors must deduct this credit from the tax bill by October 1 annually, though the credit cannot reduce taxes below zero. The credit applies starting tax year 2026 and is codified in Oklahoma Statutes. It directly affects qualifying homestead property owners by potentially lowering their annual property tax burden.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax credit to qualifying homeowners, reducing their tax burden starting 2026 per bill language.95% confidence | Rep's Stance ✗ Voted No ✗ Opposes Budget & Taxes

Track

passed both · Oklahoma · House Apr 14, 2025

HB 1539: Revenue and taxation; individual income tax; rates; brackets; revenue determinations; effective date.

HB 1539 lowers Oklahoma's individual income tax rates for the 2024 tax year. It reduces the top tax rate from 5.50% to 4.75% for most filers, with new brackets starting at 0.25% on the first $1,000 of income (e.g., 0.75% on the next $1,500 for single filers). The bill affects all Oklahoma residents and nonresidents who file individual income tax returns, applying to taxable income earned in 2024. The change eliminates the previous tiered top rate structure and requires no deduction for federal income taxes paid.

Topics ✓ Budget & TaxesSupports Budget & TaxesLowers individual income tax rates for most filers, providing tax relief and reducing the top rate from 5.50% to 4.75%.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

Track