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HB3818

Insurance; taxable income and adjusted gross income; deduction for contributions to certain qualified accounts; tax exemption; deduction based on certain expenditures; effective date.

Chamber Passed·3/24/26

Oklahoma HB3818 enacts the Insurance Act of 2026, establishing provisions for insurance-related deductions and tax exemptions.

Oklahoma HB3818, known as the Insurance Act of 2026, introduces provisions for insurance-related deductions and tax exemptions. It specifies deductions for contributions to certain qualified accounts and exemptions based on certain expenditures. The act is set to become effective on November 1, 2026.

Included in complete analysis

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

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Where it stands

Last
Passed the House · 9–2 · Mar 24
Current
Appropriations Committee
Next
Senate floor vote

Sponsors

0
3
RRR
Democratic CaucusRepublican Caucus

Roll Call Votes

9 Yea

RRRDRRDRR

2 Nay

RR

Calendar

Apr 20

2:00 PM

Senate Revenue and Taxation Hearing

Mar 3

3:00 PM

House Commerce & Economic Development Oversight Hearing

History

Apr 21

Senate

Coauthored by Representative Wolfley

Apr 20

Senate

Reported Do Pass as amended Revenue and Taxation committee; CR filed

Apr 20

Senate

Enacting clause stricken