This bill helps Oklahoma homeowners displaced by turnpike construction by matching their new property tax burden to what they paid on their previous home. For the first three tax years after moving, eligible homeowners get an extra tax exemption equal to the difference between their old home's tax bill and their new home's tax bill. It applies specifically to those who owned a home purchased by the state's Department of Transportation for a turnpike project and now claim a new homestead exemption. The exemption begins for tax year 2027 and lasts three years.
SB 1193 removes restrictions on how much money Oklahoma school districts can carry over from one year's general fund to the next and eliminates penalties for exceeding previous carryover limits. It also removes a rule that previously blocked districts with per-pupil revenue over 300% of the average from receiving state aid. The bill updates the state's school funding formula to reflect these changes, allowing districts more flexibility with their budgets. This directly affects all Oklahoma public school districts by changing how their state aid is calculated and distributed.
SB 1339 establishes a tiered minimum salary schedule for certified school personnel (like teachers) in Oklahoma public schools, based on years of experience and education level. It requires the State Board of Education to allocate state funds annually to school districts to implement these salary increases starting with the 2025-2026 school year. The bill directly affects all Oklahoma public school districts and their certified staff by mandating specific pay thresholds. The schedule includes detailed pay rates for different experience levels and degrees, with provisions for fringe benefits and out-of-state certification recognition.
HB 1427 creates tax credits for Oklahoma taxpayers who invest in qualifying clean-burning motor vehicle fuel equipment. It directly affects vehicle owners and businesses that install or purchase equipment allowing vehicles to run on compressed natural gas, hydrogen, liquefied natural gas, or liquefied petroleum gas. The bill provides tiered credits: up to $5,500 for light vehicles (under 6,000 lbs), up to $100,000 for heavy trucks (over 26,500 lbs), and 45% of costs for commercial refueling stations. Credits are limited to new, certified equipment meeting safety standards and must be claimed against state income tax. Unused credits can be carried forward for up to five years.
SB 1471 authorizes Oklahoma cities and towns to levy targeted fees on retail delivery, single-use products, and plastic containers to fund solid waste management. These fees must be narrowly tailored to actual waste generation costs and can be charged per transaction or delivery. Revenue from these fees is restricted to specific waste management uses, including collection, recycling, litter cleanup, public education, and reducing environmental harm from waste. The bill also modifies plastic container labeling rules to clarify that local governments cannot broadly restrict plastic use, but may implement narrowly focused waste-reduction fees.
SB 1125 authorizes Oklahoma counties and municipalities to levy an excise tax on medical marijuana sales, but only after voter approval via special election or initiative petition (requiring 5% of registered voters' signatures). The tax must be approved by a majority vote, cannot be re-proposed within six months if rejected, and applies only to sales within the local jurisdiction. Funds must be dedicated to specific purposes like public safety (not redirectable without new voter approval), and counties must create revolving funds for these designated uses. The bill also states that if recreational marijuana is legalized, the same tax rules would automatically apply to it.
SB 1809 increases Oklahoma's homestead property tax exemption from $1,000 to $5,000 annually for homeowners. It directly affects residents who own their primary residence as a homestead by reducing their taxable property value. The bill amends tax law to raise the exemption amount starting with the 2027 tax year, meaning homeowners will pay property tax only on the value exceeding $5,000. The change takes effect November 1, 2026.
SB 1387 allows Oklahoma residents who sell a vehicle within six months before or after purchasing a new one to deduct the sold vehicle's value from the sales tax calculation on their new purchase. Specifically, if a buyer paid tax on the full price of a new vehicle but sold a vehicle within that six-month window, they can receive a refund equal to 1.25% of the sold vehicle's value (up to the total tax paid). This change directly affects individuals trading in used cars when buying new ones, simplifying tax refunds for this common scenario. The bill amends Oklahoma's tax code to clarify this deduction mechanism in Sections 1355 and 1404 of Title 68.
SB 1398, the "Children's Promise Act," creates an income tax credit for Oklahoma taxpayers who donate to qualifying charities focused on child welfare. The credit equals 50% of the donation (capped at the taxpayer’s total income tax bill) for organizations meeting strict criteria, including being headquartered in Oklahoma, serving children in state custody, preventing abuse/abandonment, or promoting traditional family values. Charities must certify they do not provide, fund, or support abortion services and meet specific local impact requirements. Taxpayers claim the credit on their tax return, and unused credits can be carried forward for up to five years.
SB 1842 allows Oklahoma county treasurers to offer property owners the option to pay annual ad valorem (property) taxes in 12 monthly installments for the upcoming year. Eligible taxpayers must notify the county treasurer in writing between December 1 and January 15 each year, but cannot use this option if they have delinquent taxes, ongoing valuation protests, or pay taxes through escrow. Monthly payments are due by the 15th (or 31st for December), and missed payments may terminate the prepayment option, requiring full payment under standard rules. This provides an alternative payment schedule without changing tax rates or amounts, applying only to property taxes for the following calendar year.
