Budget & Taxes (Revenue)

in committee · Oklahoma · House Feb 3, 2026

HB 4456: Revenue and taxation; Vapor Products Tax Code; defining terms; excise tax; e-liquid; Oklahoma Tax Commission; allocation of revenue; revolving fund; effective date.

HB 4456 establishes a 30% excise tax on the wholesale cost of e-liquid sold in Oklahoma. Manufacturers, distributors, or retailers who first receive e-liquid in the state must pay this tax and remit it electronically by the 15th of each month. The tax is structured as a direct cost to consumers, though collected from businesses, and revenue is split: 50% to a new Vapor Products Regulation Revolving Fund and 50% to the General Revenue Fund until 2028, after which 75% goes to the General Fund and 25% to the revolving fund for future regulation. The bill directly affects businesses selling e-liquids and ensures tax collection through retained invoices and Commission oversight.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes 30% excise tax on e-liquid, allocates revenue to General Revenue Fund and new revolving fund, increasing state tax revenue for budget allocation.95% confidence

Sub-Topics Revenue Sales Tax State Budget

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in committee · Oklahoma · Senate Feb 3, 2026

SB 1702: Firearms; prohibiting law enforcement from taking certain action. Effective date.

SB 1702, the Firearm Preservation Act, requires Oklahoma law enforcement agencies to auction firearms they obtain through legal processes (such as court orders, estate settlements, or forfeiture) instead of destroying them. Auctions must be conducted exclusively to eligible buyers who pass required state and federal background checks, with proceeds funding agency operations like training or equipment. The law shields law enforcement from liability if a purchased firearm is later used to cause harm and mandates agencies to maintain detailed auction records for five years. Violations carry fines of $500 for the first offense and $1,000 for repeat offenses, with funds deposited into the state’s general revenue fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuction proceeds fund law enforcement operations (training/equipment), directly supporting agency budget allocations per bill summary.95% confidence ✓ Criminal JusticeSupports Criminal JusticeFunds law enforcement operations via firearm auction proceeds, supporting agency resources and operational capacity.85% confidence

Sub-Topics Revenue Courts Firearms Law Enforcement

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in committee · Oklahoma · House Feb 3, 2026

HB 3602: Health care-related tax; Oklahoma Health Care Authority; report; publicly post; net patient revenue; exception; tax revenue; tax rate; effective date.

HB 3602 requires the Oklahoma Health Care Authority (OHCA) to annually report on health care-related taxes and publicly post the report online by October 1 each year. The bill prohibits increasing the percentage of health care providers' net patient revenue subject to these taxes above the 2025 level, and mandates a phased reduction - from 5.5% in 2028 down to 3.5% by 2032 and beyond - except for specific tax categories. It also bans tax rates that vary based on Medicaid service volume. This bill directly affects Oklahoma health care providers and the OHCA, taking effect November 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates phased tax rate reduction from 5.5% to 3.5% (2028-2032), providing tax relief for health care providers and promoting fiscal responsibility via transparent reporting.95% confidence ✓ HealthcareSupports HealthcareBill reduces healthcare provider tax rates from 5.5% to 3.5% by 2032, easing financial burden to support service provision and prevent tax increases.85% confidence

Sub-Topics Revenue Medicaid

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in committee · Oklahoma · House Feb 3, 2026

HB 4424: Revenue and taxation; ad valorem; exemption; manufacturing facilities; data center; effective date.

HB 4424 exempts qualifying manufacturing facilities and data centers from property taxes for five years. It directly affects businesses meeting specific criteria, including data centers operational by January 1, 2027, with at least 50% out-of-state revenue, and facilities investing $500,000+ (adjusted annually for inflation) in new or expanded operations. Key provisions require annual verification of eligibility with the Oklahoma Tax Commission, including wage standards tied to the Oklahoma Quality Jobs Program for facilities seeking exemption after 2022. The bill also defines qualifying facilities to include certain data centers, distribution centers meeting investment and employment thresholds, and custom manufacturing under specific industry codes.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts qualifying businesses from property taxes, providing tax relief as per support indicators.95% confidence ✓ TechnologySupports TechnologyExempts data centers from property taxes for 5 years, providing direct financial incentive to expand technology infrastructure and operations.92% confidence

Sub-Topics Business Taxes Revenue Tax Incentives

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in committee · Oklahoma · Senate Feb 3, 2026

SB 1987: Ad valorem tax; modifying homestead exemption; providing additional homestead exemption. Effective date.

SB 1987 increases Oklahoma's homestead property tax exemption for homeowners. Starting in tax year 2027, all homesteads receive a base exemption of $2,000 (up from $1,000), with an additional $3,000 exemption possible if two conditions are met: the county's property tax revenue grew by at least 5% compared to the prior year, and the county commission approves the extra exemption. This bill directly affects homeowners in counties that meet the revenue growth threshold and receive county commission approval. The changes take effect November 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases homestead property tax exemption, providing direct tax relief for homeowners, aligning with tax relief indicators for middle/lower income.95% confidence

Sub-Topics Property Tax Revenue Tax Incentives

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died · Oklahoma · House Feb 11, 2026

HB 4172: Appropriation; School Security Revolving Fund; amount; purpose; effective date; emergency.

HB 4172 appropriates $50 million from Oklahoma's General Revenue Fund to the School Security Revolving Fund for the 2026-2027 fiscal year. The funds will support school resource officer programs under existing law (Section 5-148.1 of Title 70). This bill directly affects Oklahoma public schools by providing dedicated funding for security personnel, effective July 1, 2026. The bill is procedural, allocating existing funds without creating new requirements.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $50M from General Revenue to fund school security programs, directly advancing public service funding within state budget management.95% confidence ✓ EducationSupports EducationAllocates $50M for school security personnel under K-12 education funding, directly supporting school safety infrastructure and student protection.95% confidence

Sub-Topics Appropriations Revenue School Safety

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in committee · Oklahoma · House Feb 3, 2026

HB 3135: Revenue and taxation; ad valorem; homestead exemption; effective date.

HB 3135 increases Oklahoma's homestead property tax exemption for homeowners. It raises the base exemption from $1,000 to $2,000 per homestead and adds a conditional $3,000 exemption if two conditions are met: (1) a county's ad valorem tax revenue grows by at least 5% compared to the prior year, and (2) the county commissioners approve the additional exemption. This bill directly affects homeowners in counties meeting the revenue growth threshold, effective January 1, 2027. The key mechanism requires both verified revenue growth and local government approval to trigger the higher exemption amount.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases homestead property tax exemption, providing direct tax relief to homeowners, aligning with tax relief indicators for middle/lower income.95% confidence

Sub-Topics Property Tax Revenue Tax Incentives

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in committee · Oklahoma · House Feb 3, 2026

HB 3939: Appropriations; workforce development; effective date; emergency.

HB 3939 allocates $10 million from Oklahoma's General Revenue Fund to the Oklahoma Department of Commerce for workforce development programs in the Tulsa Metropolitan area. The funds will contract with a nonprofit focused on charitable and educational work to partner with schools and agencies, aiming to eliminate barriers to equitable opportunities and economic mobility for all students. The bill directs these programs to include workshops and initiatives specifically targeting student access to economic advancement. It becomes effective July 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $10M from General Revenue Fund for workforce development programs, increasing public service funding per Budget & Taxes indicators.90% confidence ✓ EducationSupports EducationAllocates $10M for workforce programs partnering with schools to eliminate barriers and improve student access via workshops targeting educational equity.90% confidence ✓ Labor & EmploymentSupports Labor & EmploymentAllocates $10M for workforce development programs targeting equitable opportunities and economic mobility in Tulsa, directly advancing employment standards through skills training and access initiatives.95% confidence

Sub-Topics Revenue Workforce Development

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died · Oklahoma · House Feb 4, 2026

HB 3174: Community development; Community Quality of Life Enhancement Act; findings; Community Quality of Life Enhancement Revolving Fund; sales tax revenue; effective date; emergency.

HB 3174, the "Community Quality of Life Enhancement Act," would create a revolving fund using $60 million annually from Oklahoma's sales tax revenue. Local communities must establish a board to apply for funds to support infrastructure, parks, public transportation, cultural centers, public art, and environmental projects. The Oklahoma Department of Commerce would manage the fund and distribute allocations to qualifying communities. This bill amends sales tax apportionment rules to prioritize this fund after other state budget allocations.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $60M annual sales tax revenue to fund community infrastructure, parks, and public services via revolving fund, directly advancing public spending priorities.95% confidence ✓ TransportationSupports TransportationBill allocates $60M annually for public transportation infrastructure via revolving fund, explicitly listing it as eligible use in project categories.95% confidence

Sub-Topics Revenue Sales Tax State Budget

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died · Oklahoma · House Feb 16, 2026

HB 4283: Roads; bridges; Oklahoma Vehicle License and Registration Act; County Improvement Roads and Bridges Fund; effective date; emergency.

HB 4283 amends Oklahoma's Vehicle License and Registration Act to maintain a 7.24% allocation of vehicle fee revenues to the County Improvement Roads and Bridges Fund for fiscal years beginning July 1, 2019, and beyond. The bill specifies that any excess funds exceeding the 2015 fiscal year amount for this allocation must be transferred to the Rebuilding Oklahoma Access and Driver Safety Fund instead of the General Revenue Fund. This change directly affects Oklahoma counties, which receive these funds to support local road and bridge maintenance and improvement projects. The bill does not alter other existing fund distributions or create new taxes.

Topics ✓ Budget & TaxesSupports Budget & TaxesMaintains 7.24% vehicle fee allocation for roads/bridges fund, redirects excess to dedicated safety fund instead of general revenue, protecting infrastructure funding.95% confidence ✓ TransportationSupports TransportationMaintains 7.24% vehicle fee allocation to County Roads/Bridges Fund and redirects excess to Driver Safety Fund, directly funding transportation infrastructure.95% confidence

Sub-Topics Revenue Bridges Roads & Highways Transportation Funding

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