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HB2740

Revenue and taxation; taxations; rates; income tax; exemptions; effective date.

Introduced·2/3/25

Oklahoma Revenue and Taxation Policy Act of 2025 establishes new tax policy without codification.

Oklahoma Revenue and Taxation Policy Act of 2025 introduces new tax policy in Oklahoma, effective November 1, 2025. This act sets forth revenue and taxation policies but does not require codification in the Oklahoma Statutes.

Included in complete analysis

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

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Where it stands

Current
In committee
Next
Committee decision

Sponsors

0
5
RRRRR
Democratic CaucusRepublican Caucus

Roll Call Votes

24 Yea

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6 Nay

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History

Mar 6, 2025

House

CR; Do Pass, amended by committee substitute Appropriations and Budget Committee

Mar 6, 2025

House

Coauthored by Representative(s) Lepak, Maynard, Boles

Mar 6, 2025

House

Authored by Senator Howard (principal Senate author)