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Oklahoma Legislature· HB 2176Second Reading referred to Rules

An act relating to state revenue administration, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1                    STATE OF OKLAHOMA

2   1st Session of the 60th Legislature (2025)

3 HOUSE BILL 2176               By: Pfeiffer

4

5

6                    AS INTRODUCED

7   An Act relating to state revenue administration;

    amending 68 O.S. 2021, Section 255.2, as amended by

8   Section 6, Chapter 113, O.S.L. 2023 (68 O.S. Supp.

    2024, Section 255.2), which relates to enforcement of

9   medical marijuana tax provisions; providing for

    retention of fee amount; amending 63 O.S. 2021,

10  Section 426, as last amended by Section 1, Chapter

    34, 1st Extraordinary Session, O.S.L. 2023 (63 O.S.

11  Supp. 2024, Section 426), which relates to the

    Medical Marijuana Tax Fund; modifying provisions

12  related to retention of fee amount; and providing an

    effective date.

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16 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

17  SECTION 1.      AMENDATORY  68 O.S. 2021, Section 255.2, as

18 amended by Section 6, Chapter 113, O.S.L. 2023 (68 O.S. Supp. 2024,

19 Section 255.2), is amended to read as follows:

20  Section 255.2. As provided in Section 426 of Title 63 of the

21 Oklahoma Statutes, the Oklahoma Medical Marijuana Authority and the

22 Oklahoma Tax Commission shall enter into a contract whereby the Tax

23 Commission shall have authority to assess, collect and enforce the

24 seven percent (7%) tax on retail medical marijuana sales and any

    Req. No. 11053                                         Page 1
1 penalties and interest thereon. Such assessment, collection and

2 enforcement authority shall apply to any tax and any penalty or

3 interest liability on retail medical marijuana sales existing at the

4 time of contracting. The contract shall provide for the assessment,

5 collection and enforcement of the tax on retail medical marijuana

6 sales in the same manner as the administration, collection and

7 enforcement of any tax payable by any taxpayer subject to taxation

8 under any state tax law. For providing such collection assistance,

9 the Tax Commission shall charge the Oklahoma Medical Marijuana

10 Authority retain a fee of one and five-tenths percent (1.5%) of the

11 gross collection proceeds. All funds retained by the Tax Commission

12 for the collection services shall be deposited in the Tax Commission

13 Reimbursement Fund in the State Treasury.

14  SECTION 2.      AMENDATORY  63 O.S. 2021, Section 426, as last

15 amended by Section 1, Chapter 34, 1st Extraordinary Session, O.S.L.

16 2023 (63 O.S. Supp. 2024, Section 426), is amended to read as

17 follows:

18  Section 426. A. The tax on retail medical marijuana sales

19 shall be established at seven percent (7%) of the gross amount

20 received by the seller.

21  B. This tax shall be collected at the point of sale. Except as

22 provided for in subsection D, tax proceeds, less the collection fee

23 retained by the Oklahoma Tax Commission pursuant to Section 255.2 of

24

    Req. No. 11053                                                 Page 2
1 Title 68 of the Oklahoma Statutes, shall be deposited into the

2 Medical Marijuana Tax Fund created in Section 3 of this act.

3   C. Pursuant to Section 255.2 of Title 68 of the Oklahoma

4 Statutes, the Oklahoma Tax Commission shall have authority to

5 assess, collect and enforce the tax specified in subsection A of

6 this section including any interest and penalty thereon.

7   D. For fiscal year 2022, proceeds from the levy authorized by

8 subsection A of this section shall be apportioned as follows:

9   1. The first Sixty-five Million Dollars ($65,000,000.00) shall

10 be apportioned as follows:

11  a. fifty-nine and twenty-three hundredths percent

12  (59.23%) to the State Public Common School Building

13  Equalization Fund,

14  b. thirty-four and sixty-two hundredths percent (34.62%)

15  to the Oklahoma Medical Marijuana Authority, a

16  division within the State Department of Health, and

17  c. six and fifteen hundredths percent (6.15%) to the

18  State Department of Health and earmarked for drug and

19  alcohol rehabilitation; and

20  2. Any surplus collections shall be apportioned to the General

21 Revenue Fund of the State Treasury.

22  E. If any medical marijuana business licensee intentionally

23 does not remit the taxes as required by the provisions of this

24 section or the provisions of Section 1354 of Title 68 of the

    Req. No. 11053                                                 Page 3
1 Oklahoma Statutes, the Authority shall permanently revoke the

2 medical marijuana business license of the business licensee and the

3 business licensee shall be permanently ineligible to receive any

4 other type of medical marijuana business license issued by the

5 Authority, including licenses for a dispensary, commercial grower

6 operation, processing facility, transporter, research, education

7 facility, and waste disposal facility.

8   SECTION 3. This act shall become effective November 1, 2025.

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10  60-1-11053      MAH  01/15/25

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    Req. No. 11053                                                Page 4
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