HB1220

Cities and towns; prohibiting imposition of certain taxes and fees on certain bond revenue; municipal taxation; conforming language; emergency.

Chamber Passed·3/4/25

Oklahoma HB1220 prohibits cities and towns from imposing certain taxes and fees on bond revenue.

Oklahoma HB1220, known as the Utilities Updating Act of 2025, prohibits cities and towns from imposing certain taxes and fees on revenue generated from bonds. The act also includes language conforming provisions and establishes an effective date of November 1, 2025.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Last
Passed the House · 6–2 · Mar 4, 2025
Current
The Senate
Next
Senate floor vote

Sponsors

DD
2
4
RRRR
Democratic CaucusRepublican Caucus

Roll Call Votes

6 Yea

RRDDRR

2 Nay

RR

History

Apr 23, 2025

Senate

Withdrawn from Appropriations committee

Apr 23, 2025

Senate

Placed on General Order

Apr 17, 2025

Senate

Reported Do Pass, amended by committee substitute Energy committee; CR filed