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
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2 2nd Session of the 60th Legislature (2026)
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3 SENATE BILL 1544 By: Prieto
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7 AS INTRODUCED
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8 An Act relating to state government; creating the
8 United States Semiquincentennial Celebration Taxpayer
9 Relief Act; providing short title; establishing
9 legislative findings; authorizing the
10 reclassification of certain funds by the Office of
10 Management and Enterprise Services; establishing
11 certain eligible uses of funds; requiring the Office
11 of Management and Enterprise Services to submit a
12 report to the Legislature and United States
12 Department of the Treasury; establishing the United
13 States Semiquincentennial Taxpayer Relief Program;
13 providing eligibility to receive certain rebates from
14 the program; making appropriation; granting oversight
14 and enforcement authority to the Joint Committee on
15 Appropriations and Budget; providing for
15 codification; and declaring an emergency.
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18 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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19 SECTION 1. NEW LAW A new section of law to be codified
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20 in the Oklahoma Statutes as Section 130.50 of Title 74, unless there
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21 is created a duplication in numbering, reads as follows:
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22 A. This act shall be known as the "United States
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23 Semiquincentennial Celebration Taxpayer Relief Act".
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Req. No. 3048 Page 1
1 B. The Legislature finds that this state has obligated but
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2 unexpended funds from the American Rescue Plan Act of 2021
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3 Coronavirus State and Local Fiscal Recovery Funds, totaling
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4 approximately Seven Hundred Fifty Million Dollars ($750,000,000.00).
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5 In celebration of the United States Semiquincentennial, the two
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6 hundred fiftieth anniversary of American independence, and as a
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7 gesture of gratitude to Oklahoma taxpayers for their resilience
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8 through challenging times, these funds shall be reclassified to
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9 revenue replacement under 31 C.F.R., Part 35, Subpart A, to offset
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10 existing state obligations. This will free equivalent state general
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11 revenue for a one-time taxpayer relief program, ensuring federal
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12 compliance while providing direct relief.
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13 C. The Office of Management and Enterprise Services, in
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14 consultation with the State Treasurer, is authorized to reclassify
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15 up to Seven Hundred Fifty Million Dollars ($750,000,000.00) of
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16 obligated but unexpended Coronavirus State and Local Fiscal Recovery
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17 Funds to revenue replacement provisions. Eligible uses include, but
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18 shall not be limited to:
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19 1. Offsetting personnel and operational costs for government
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20 services;
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21 2. Support for behavioral health and developmental services;
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22 3. Replenishment of trust funds impacted by pandemic demands;
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23 and
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1 4. Other provision of government services as defined by United
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2 States Department of the Treasury guidance, to the extent of
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3 calculated pandemic-related revenue loss.
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4 D. Reclassifications shall prioritize substitution for fiscal
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5 year 2026 and fiscal year 2027 general fund appropriations, freeing
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6 up equivalent state revenues. No funds shall be used for new
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7 initiatives beyond existing obligations. The Office of Management
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8 and Enterprise Services shall submit a report to the Legislature and
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9 United States Department of the Treasury by March 31, 2026,
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10 detailing reclassifications and compliance.
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11 E. There is hereby created the United States Semiquincentennial
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12 Taxpayer Relief Program, to be administered by the Oklahoma Tax
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13 Commission, providing direct relief and celebrating the nation's two
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14 hundred fiftieth anniversary and Oklahoma's strength and future.
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15 F. Using state general revenues pursuant to subsection C of
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16 this section, the Oklahoma Tax Commission shall issue a one-time
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17 rebate of Two Hundred Fifty Dollars ($250.00) per taxpayer. Rebates
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18 shall be issued via direct deposit using tax return information or
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19 mailed check, commencing no later than June 30, 2026. Persons
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20 eligible to receive rebates as outlined in this section shall be:
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21 1. Oklahoma residents who filed an individual income tax return
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22 for tax year 2024 or 2025; or
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1 2. Oklahoma residents who filed joint income tax returns for
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2 tax year 2024 or 2025, who shall be eligible to receive a one-time
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3 rebate of Five Hundred Dollars ($500.00).
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4 Nonresidents, dependents claimed on another's return, or
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5 individuals with no tax liability shall be ineligible to receive
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6 rebates as provided in this section.
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7 SECTION 2. NEW LAW A new section of law to be codified
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8 in the Oklahoma Statutes as Section 131.51 of Title 74, unless there
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9 is created a duplication in numbering, reads as follows:
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10 There is hereby appropriated to the Oklahoma Tax Commission from
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11 any monies not otherwise appropriated from the General Revenue Fund
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12 of the State Treasury for the fiscal year ending June 30, 2027, the
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13 sum of Six Hundred Million Dollars ($600,000,000.00) or so much
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14 thereof as may be necessary to perform the duties imposed upon the
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15 Tax Commission by law.
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16 SECTION 3. NEW LAW A new section of law to be codified
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17 in the Oklahoma Statutes as Section 130.52 of Title 74, unless there
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18 is created a duplication in numbering, reads as follows:
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19 The Joint Committee on Appropriations and Budget for the Senate
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20 and the House of Representatives shall jointly oversee the
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21 implementation of this act, with authority to audit
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22 reclassifications and rebates.
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23 SECTION 4. It being immediately necessary for the preservation
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24 of the public peace, health or safety, an emergency is hereby
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Req. No. 3048 Page 4
1 declared to exist, by reason whereof this act shall take effect and
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2 be in full force from and after its passage and approval.
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4 60-2-3048 BRC 1/12/2026 4:26:33 PM
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Req. No. 3048 Page 5Every fact on this page links to its source, starting with the official bill record.