SB 1358 creates the Preserving and Advancing City and Town Transportation Fund, which will receive 0.5% of Oklahoma's sales tax revenue starting in fiscal year 2028. This fund directly supports cities and towns by providing dedicated funding for local transportation infrastructure projects like road and bridge maintenance. The bill amends existing sales tax apportionment rules to redirect this specific percentage of revenue to the new fund, replacing previous allocations for other state purposes. The legislation requires the Department of Transportation to confirm fund allocations before disbursement, ensuring funds are used for eligible city and town transportation needs.
SB 1161 allocates $100,000 from Oklahoma's General Revenue Fund to the Department of Corrections for the 2026 fiscal year. This funding supports the department's existing legal responsibilities, such as managing correctional facilities and staff operations. The bill declares an emergency to allow immediate use of these funds upon approval, bypassing standard budget timelines. It provides specific financial support for current Department of Corrections duties without creating new programs or altering existing laws.
SB 1135 allocates $100,000 from Oklahoma's General Revenue Fund to the Oklahoma Health Care Authority for the 2025-2026 fiscal year to support its operations. The bill declares an emergency to allow immediate implementation upon approval. This legislation provides specific funding for the Authority's duties without altering existing health insurance or tax policies.
HB 1200 establishes a revenue stabilization mechanism for Oklahoma's state budget. It requires the State Board of Equalization to certify five-year average revenue from oil, natural gas, and corporate income taxes. If annual revenue exceeds these averages, specific percentages (25% to the Constitutional Reserve Fund, 75% to the Revenue Stabilization Fund) must be deposited - unless revenue growth exceeds $400 million (adjusted for inflation), which could trigger future tax rate reductions. The bill does not change tax rates directly but links fund deposits to revenue performance, affecting how state funds are managed rather than individual taxpayers. This procedural bill focuses on budget stability rules, not new tax policies.
HB 1798 allows Oklahoma municipalities to use general revenue funds to purchase one-way bus tickets for individuals without a permanent residence who need to leave the state. The bill directly affects homeless or transient residents who lack stable housing and seek to travel out of Oklahoma. It permits cities or towns to allocate existing budget funds for this specific purpose, rather than requiring new funding. The law would take effect on November 1, 2025.
HB 2764 establishes a framework for determining when Oklahoma can reduce income tax rates based on state revenue levels. It requires the State Board of Equalization to annually certify five-year average revenue amounts from oil, natural gas, and corporate income taxes. If projected revenue exceeds these averages, specific portions (100% for oil/gas, 25% to a reserve fund and 75% to a stabilization fund for corporate tax) must be deposited into state funds. This bill directly affects Oklahoma taxpayers paying these specific taxes and sets the revenue thresholds that would trigger future income tax rate reductions. The law was approved by the Governor on May 28, 2025.
HB 1146 authorizes Oklahoma counties to levy a severance tax on surface-mined materials (excluding coal) at a maximum rate of $0.10 per ton, requiring voter approval through a special election or initiative petition. The tax revenue must be split equally: 50% for county road and bridge improvements, and 50% for municipal infrastructure projects based on population. Exemptions include limestone used for agriculture, materials sold for hydraulic fracturing, and personal extraction not for profit. Counties must notify taxpayers 60 days before rate changes and cannot impose additional fees on mining operations. The bill takes effect November 1, 2025.
SB 1182 allocates $100,000 from Oklahoma's General Revenue Fund to the Department of Human Services for the 2025-2026 fiscal year to help fund its existing legal duties. The bill provides specific funding to support the department's operations without creating new programs or changing eligibility rules. It declares an emergency to allow immediate implementation upon passage, though it does not specify which exact services or populations will be directly impacted by this allocation. This is a routine budgetary measure, not a substantive policy change.
SB 74 appropriates $300 million from Oklahoma's General Revenue Fund to the Department of Commerce to create a compensation program for survivors and descendants of the 1921 Tulsa Race Massacre. The bill establishes a "Tulsa Race Massacre Compensation Revolving Fund" to provide payments for damages to persons and property during the massacre. The program requires the Department of Commerce to work with a committee (including Tulsa-area legislators and community representatives) to administer applications and payments. Funds will be used solely for reparations related to the 1921 events, with expenditures approved through standard state financial processes.
SB 1131 appropriates $100,000 from the General Revenue Fund to the Oklahoma State Regents for Higher Education for the 2025-2026 fiscal year to support their existing duties. The bill declares an emergency to allow immediate implementation upon approval. It does not create new programs or change existing laws, but provides specific funding for the State Regents' ongoing operations. This is a routine budgetary measure affecting only the State Regents' financial allocation.
