Budget & Taxes

in committee · Oklahoma · Senate Feb 3, 2026

SB 1802: Income tax deduction; creating the catastrophe savings account; authorizing income tax deduction for certain deposits. Effective date.

SB 1802 creates a new Oklahoma income tax deduction for contributions to "catastrophe savings accounts," designed to help residents cover repair costs after natural disasters like floods or tornadoes. It allows Oklahoma homeowners to set up one dedicated savings account for primary residence repairs, with contribution limits based on their insurance deductible (ranging from $2,000 for low deductibles to $250,000 for uninsured homes). Taxpayers can deduct contributions from their state income tax, and interest earned or distributions used for qualified disaster repairs are exempt from taxation. The law takes effect January 1, 2027, and applies only to primary residences.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates income tax deduction for disaster savings, providing tax relief to homeowners and aligning with tax relief indicators for middle-income households.92% confidence

Sub-Topics Income Tax

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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

Sub-Topics Sales Tax

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in committee · Oklahoma · Senate Feb 3, 2026

SB 1993: Ad valorem; authorizes counties to decrease millage levy for libraries; requiring certain determination. Effective date.

SB 1993 allows Oklahoma counties that fund libraries through voter-approved property tax levies to reduce those tax rates via county commission resolution, provided the rate stays at or above 1 mill (the constitutional minimum). The resolution must specify current and proposed rates, confirm the reduced rate still funds the library adequately, and state the reduction serves taxpayers' best interests. It applies to counties using special levies for libraries, directly affecting local library budgets and taxpayer property bills. The bill takes effect November 1, 2026, and codifies this process into state law.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnables county tax rate reductions for libraries while ensuring adequate funding, providing taxpayer relief through fiscal responsibility.92% confidence

Sub-Topics Property Tax

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in committee · Oklahoma · House Feb 3, 2026

HB 3358: Medicaid provider audits; terms; review of Medicaid providers or managed care organizations; penalties; retain records; production of records; promulgation of rules; determination of overpayments; credible allegations of fraud; methodology for audits; notice; informal conference; expedited adjudicatory proceeding; Oklahoma Health Care Authority; corrective action plans; qualifications for hearing officer; costs; preliminary or final determination for overpayment; effective date.

This Oklahoma bill requires Medicaid providers and managed care organizations to retain relevant records for six years. It authorizes the Oklahoma Health Care Authority to audit providers for fraud, contract breaches, or billing errors, with written notice required before audits. If violations are found, providers may face fines up to $5,000 per incident or lose their Medicaid contracts. The bill also establishes a faster process for resolving disputes over audit findings, including informal conferences and expedited hearings.

Topics ✓ Budget & TaxesSupports Budget & TaxesPrevents Medicaid fraud to protect state budget via audits and penalties, promoting fiscal responsibility in program spending.85% confidence ✓ HealthcareSupports HealthcareBill enforces Medicaid fraud/billing audits and penalties, protecting program integrity and ensuring proper use of healthcare funds for beneficiaries.95% confidence

Sub-Topics Audits & Accountability Medicaid

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signed · Oklahoma · House May 4, 2026

HB 3530: Alcoholic beverages; books and records of licensees; timeframe; effective date.

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates tax compliance records for alcohol businesses, aiding enforcement and fiscal responsibility per tax commission oversight.85% confidence

passed · Oklahoma · Senate Apr 6, 2026

SB 1696: State government; creating certain revolving fund; creating the Oklahoma Talent Recruitment Program; specifying certain eligibility requirements. Effective date. Emergency.

SB 1696 creates the Oklahoma Talent Attraction and Relocation Revolving Fund in the state treasury to support a new program administered by the Oklahoma Department of Commerce. It provides grants to cities, counties, or qualifying nonprofits to recruit high-income households (earning at least $55,000 annually) relocating to Oklahoma from outside the state, with a maximum grant of $250,000 per municipality per year. Grants are disbursed in two installments: 50% upfront and 50% after verifying at least half of the targeted household relocations. Recipients must submit semiannual reports on relocation numbers, economic impact, and grant usage, and repay funds if goals aren't met or if funds are misused. The program takes effect November 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates Oklahoma Talent Recruitment Revolving Fund to disburse state grants for relocating high-income households, directly allocating public funds for economic development spending.95% confidence

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died · Oklahoma · House Feb 17, 2026

HB 3324: Public health and safety; requirements; appropriations; amount and purpose; funding; statewide health platform; effective date; emergency.

HB 3324 creates a statewide health platform to connect Oklahoma's hospitals, emergency medical services (EMS), and public health entities through a unified, cloud-based system. The platform must provide real-time communication tools - including live video consultations, ECG/image sharing, and emergency alerts - for time-sensitive cases like strokes, heart attacks, and mass casualty incidents. It establishes a revolving fund in the state treasury, funded by state/federal appropriations and donations, to implement and maintain this system. The bill takes effect July 1, 2026, and requires all eligible health entities to use the platform for emergency coordination.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill establishes revolving fund via state/federal appropriations to fund statewide health platform, directly advancing public health infrastructure spending.92% confidence ✓ HealthcareSupports HealthcareCreates statewide health platform with real-time tools and funding to improve public health coordination during emergencies, strengthening healthcare infrastructure.92% confidence

Sub-Topics Public Health

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passed · Oklahoma · House Apr 28, 2026

HB 3557: Oklahoma Agricultural Extension; prohibiting the required centralization and redirection of local revenues; local financial institutes; prohibiting comingling with state or federal funds; emergency.

HB 3557 prohibits the Oklahoma Agricultural Extension Division and related programs from requiring local funding (generated at the county level) to be centralized or spent outside the county where it was collected. The bill directly affects counties that provide local funding to these agricultural extension services and the division itself. Key provisions require that any local revenue must stay within the originating county for use in that county's programs. This ensures local funding remains locally controlled and cannot be redirected to other areas by the state division.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnsures local revenue stays in originating counties for local programs, promoting fiscal responsibility in budget allocation per bill's core provision.90% confidence

Tags Local Government

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in committee · Oklahoma · Senate Feb 3, 2026

SB 2075: Money transmissions; modifying fee amount. Effective date. Emergency.

SB 2075 reduces fees charged by money transmission businesses (like wire services and money transmitters) in Oklahoma. For transactions up to $500, the fee drops from $25 to $5, and for amounts over $500, the fee is now 1% instead of 5%. These fees must be paid quarterly to the Oklahoma Tax Commission and will fund a Drug Money Laundering and Wire Transmitter Revolving Fund. Businesses must also inform customers they can claim an income tax credit for the fee by filing a tax return with a valid Social Security number or tax ID.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces fees for money transmitters (from $25 to $5) and provides tax credit for customers, lowering financial burden and aligning with tax relief indicators.90% confidence

Sub-Topics Income Tax Tax Credits

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in committee · Oklahoma · House Feb 3, 2026

HB 4496: Revenue and taxation; ad valorem; homestead exemption; effective date.

HB 4496 increases the homestead exemption from ad valorem property taxation in Oklahoma from $1,000 to $2,000 per qualifying homestead. This change directly affects Oklahoma homeowners who qualify as homestead owners under state law, reducing their property tax burden on the first $2,000 of their home's assessed value. The bill amends Section 2889 of Oklahoma Statutes to update the exemption amount, maintaining the existing classification of homesteads for tax purposes. It will take effect on November 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases homestead exemption from $1,000 to $2,000, reducing property tax burden for qualifying homeowners, providing direct tax relief.95% confidence

Sub-Topics Property Tax

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