Oklahoma HB1183 modifies the value determination for motor vehicle excise tax based on the actual sales price.
Oklahoma HB1183 amends the motor vehicle excise tax by changing how the value of a vehicle is determined. Instead of using a reference material, the value will now be based on the actual sales price of the vehicle. This change affects the tax levied on motor vehicles, excluding manufactured homes, and will take effect on November 1, 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.