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 2nd Session of the 60th Legislature (2026)
3 HOUSE BILL 4318 By: Kendrix
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6 AS INTRODUCED
7 An Act relating to sales and use tax; authorizing
specified deduction from sales tax due for seller or
8 vendor; prohibiting deduction under specified
circumstances and providing exception thereto;
9 limiting dollar amount of deduction; authorizing
specified deduction from use tax due for seller or
10 vendor; providing for codification; and providing an
effective date.
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14 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
15 SECTION 1. NEW LAW A new section of law to be codified
16 in the Oklahoma Statutes as Section 1367.2 of Title 68, unless there
17 is created a duplication in numbering, reads as follows:
18 A. For the purpose of compensating the seller or vendor in
19 keeping sales tax records, filing reports, and remitting the tax
20 when due, a seller or vendor shall be allowed a deduction of one
21 percent (1%) of the tax due under the applicable provisions of Title
22 68 of the Oklahoma Statutes; provided, such deduction shall not be
23 allowed with respect to a direct payment permit.
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Req. No. 14333 Page 1
1 B. No deductions from tax shall be allowed if the filing of a
2 report or payment of tax is filed after the due date; provided, the
3 deduction shall be allowed if the Oklahoma Tax Commission determines
4 that the delinquency was due to a natural disaster for which a
5 Presidential Major Disaster Declaration was issued.
6 C. Notwithstanding the provisions of subsection A of this
7 section, the deduction provided by this section shall be limited to
8 a maximum of One Thousand Dollars ($1,000.00) per month per sales
9 tax account number.
10 SECTION 2. NEW LAW A new section of law to be codified
11 in the Oklahoma Statutes as Section 1410.2 of Title 68, unless there
12 is created a duplication in numbering, reads as follows:
13 For the purpose of compensating the seller or vendor in keeping
14 use tax records, filing reports, and remitting the tax when due, a
15 seller or vendor shall be allowed a deduction equal to the amount
16 provided for under the Oklahoma Sales Tax Code.
17 SECTION 3. This act shall become effective November 1, 2026.
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19 60-2-14333 AO 01/06/26
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Req. No. 14333 Page 2Every fact on this page links to its source, starting with the official bill record.