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Oklahoma Legislature· HB 4456Referred to Appropriations and Budget Finance Subcommittee

An act relating to revenue and taxation, the official text

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1                            STATE OF OKLAHOMA

2   2nd Session of the 60th Legislature (2026)

3 HOUSE BILL 4456            By: Newton

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6                            AS INTRODUCED

7   An Act relating to revenue and taxation; creating the

    Vapor Products Tax Code; defining terms; establishing

8   excise tax on wholesale costs on e-liquid; providing

    for payment of excise tax; establishing how excise

9   tax is to be remitted and paid; declaring person

    collecting and remitting excise tax to be an agent of

10  the state; providing for an assumption that all e-

    liquid delivered to a retailer in this state shall be

11  used and consumed in this state; requiring the sale

    of e-liquids to continue to be subject to sales tax;

12  declaring excise tax to be a direct tax upon the

    ultimate retail consumer; requiring copies of

13  invoices to be retained for a certain period;

    allowing the Oklahoma Tax Commission to inspect such

14  invoices; providing for allocation of revenue derived

    from excise tax; creating revolving fund; providing

15  for codification; and providing an effective date.

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

21  SECTION 1.      NEW LAW  A new section of law to be codified

22 in the Oklahoma Statutes as Section 1550 of Title 68, unless there

23 is created a duplication in numbering, reads as follows:

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    Req. No. 14076                                           Page 1
1   This act shall be known and may be cited as the "Vapor Products

2 Tax Code".

3   SECTION 2.      NEW LAW   A new section of law to be codified

4 in the Oklahoma Statutes as Section 1551 of Title 68, unless there

5 is created a duplication in numbering, reads as follows:

6   A. As used in this act:

7   1. "Commission" means the Oklahoma Tax Commission; and

8   2. "E-liquid" means a liquid that may contain nicotine,

9 flavorings, or other ingredients that are intended for use in a

10 vapor product.

11  SECTION 3.      NEW LAW   A new section of law to be codified

12 in the Oklahoma Statutes as Section 1552 of Title 68, unless there

13 is created a duplication in numbering, reads as follows:

14  A. For the purpose of providing revenue for the support of the

15 functions of state government, there is hereby levied an excise tax

16 of thirty percent (30%) of the wholesale cost on all e-liquid

17 imported or manufactured, for sale, use or distribution, or used or

18 possessed in this state.

19  B. The excise tax levied under subsection A of this section

20 shall be paid as follows:

21  1. Payment of such tax shall be made by the manufacturer,

22 distributor, or retailer who first receives the product in the

23 state; and

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    Req. No. 14076                                                 Page 2
1   2. Due and payable excise taxes levied by this section shall be

2 remitted electronically simultaneously with a tax return

3 electronically filed with the Oklahoma Tax Commission using

4 procedures prescribed by the Commission. The tax returns shall be

5 made under oath by the person liable for the tax on forms prescribed

6 and provided by the Commission and shall be accompanied by payment

7 of the taxes due and any additional sums due as provided by this

8 section. Tax returns and payment of excise tax and other sums due

9 shall be electronically filed with the Commission no later than the

10 fifteenth day of the month immediately succeeding the month of

11 shipment, importation, or first sale of the e-liquids as provided in

12 paragraph 1 of this section.

13  C. For the purpose of collecting and remitting the excise tax

14 imposed under this section, the person liable for such tax is hereby

15 declared to be an agent of the state for such purposes.

16  D. The Commission shall consider it a presumption that all e-

17 liquids delivered to a retailer in this state shall be used and

18 consumed within this state.

19  E. The retail sale of e-liquids shall continue to be subject to

20 the tax levied by Section 1355 of Title 68 of the Oklahoma Statutes.

21  SECTION 4.      NEW LAW      A new section of law to be codified

22 in the Oklahoma Statutes as Section 1553 of Title 68, unless there

23 is created a duplication in numbering, reads as follows:

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    Req. No. 14076                                                  Page 3
1   The excise tax levied by this act is hereby declared and

2 intended to be a direct tax upon the ultimate retail consumer of e-

3 liquids in this state, and when such tax is paid by, or collected

4 from, any other person, as herein provided for, such payment shall

5 be considered as an advance payment for convenience and facility

6 only, and such tax shall thereafter be added to the price of such e-

7 liquid and recovered from the ultimate retail consumer thereof.

8   SECTION 5.      NEW LAW  A new section of law to be codified

9 in the Oklahoma Statutes as Section 1554 of Title 68, unless there

10 is created a duplication in numbering, reads as follows:

11  Copies of all invoices for the purchase or sale of any e-liquids

12 shall be retained by each manufacturer, distributor, and retailer

13 for a period of not less than three (3) years from the date of such

14 transaction. Upon the request of the Oklahoma Tax Commission, such

15 documents, in physical or electronic form, shall be made available

16 to the Commission for inspection by the Commission and its

17 authorized agents, provided such requests occur during the normal

18 business hours of the manufacturer, distributor, or retailer.

19  SECTION 6.      NEW LAW  A new section of law to be codified

20 in the Oklahoma Statutes as Section 1555 of Title 68, unless there

21 is created a duplication in numbering, reads as follows:

22  All revenue accruing from the excise tax levied by Section 3 of

23 this act shall be collected by the Commission and distributed as

24 follows:

    Req. No. 14076                                                 Page 4
1   1. For fiscal years ending on or prior to June 30, 2028:

2   a. fifty percent (50%) to the Vapor Products Regulation

3               Revolving Fund created pursuant to Section 7 of this

4               act, and

5   b. fifty percent (50%) to the General Revenue Fund;

6   2. For fiscal years beginning on or after July 1, 2028:

7   a. seventy-five percent (75%) to the General Revenue

8               Fund, and

9   b. twenty-five percent (25%) to the Vapor Products

10              Regulation Revolving Fund created pursuant to Section

11              7 of this act.

12  SECTION 7.      NEW LAW     A new section of law to be codified

13 in the Oklahoma Statutes as Section 1556 of Title 68, unless there

14 is created a duplication in numbering, reads as follows:

15  There is hereby created in the State Treasury a revolving fund

16 for the Alcoholic Beverage Laws Enforcement Commission to be

17 designated the "Vapor Products Regulation Revolving Fund". The fund

18 shall be a continuing fund, not subject to fiscal year limitations,

19 and shall consist of all monies designated for deposit in the fund

20 by law. All monies accruing to the credit of said fund are hereby

21 appropriated and may be budgeted and expended by the Alcoholic

22 Beverage Laws Enforcement Commission for the purpose of regulating

23 vapor products as required by law. Expenditures from said fund

24 shall be made upon warrants issued by the State Treasurer against

    Req. No. 14076                                                 Page 5
1 claims filed as prescribed by law with the Director of the Office of

2 Management and Enterprise Services for approval and payment.

3   SECTION 8. This act shall become effective January 1, 2027.

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5   60-2-14076      AO  01/05/26

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    Req. No. 14076                                              Page 6
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