HB2764

Revenue and taxation; duties of the State Board of Equalization; certification of revenue amounts; income tax rate reduction; effective date.

Complete·5/28/25

Oklahoma HB2764 establishes the Budget and Finance Act of 2025, effective November 1, 2025.

Oklahoma HB2764 creates the Budget and Finance Act of 2025, which will become effective on November 1, 2025. The act includes provisions related to public finance, duties of the State Board of Equalization, certification of revenue amounts, and income tax rate reduction. The act is not to be codified in the Oklahoma Statutes.

Included in complete analysis

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

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Sponsors

0
23
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Democratic CaucusRepublican Caucus

Roll Call Votes

34 Yea

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11 Nay

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3 Absent

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History

May 28, 2025

House

Approved by Governor 05/28/2025

May 22, 2025

Senate

Coauthored by Senator Sacchieri

May 22, 2025

Senate

Coauthored by Senator McIntosh