HB3559

Oklahoma HB3559 allows counties to levy a severance tax on aggregates, subject to voter approval, with proceeds designated for roads and bridges.

Oklahoma HB3559 authorizes counties to impose a severance tax on the production of aggregates such as rock, gravel, granite, sand, and limestone, subject to voter approval. The tax can be levied up to fifteen cents per ton. The proceeds from this tax must be used for roads and bridges and cannot be used for salaries or other employee compensation. The tax does not apply to aggregates extracted by individuals for personal use or limestone extracted for agricultural purposes. The bill specifies the procedures for calling a special election and the conditions under which the tax can be levied.