All Roll Calls
Yes: 103 • No: 16
OklahomaSB 1280Oklahoma 2026 Regular SessionSenateWALLET
Excise tax; extending sunset of apportionments of excise tax collections on oil and gas. Effective date. Emergency.
Sponsored By: Micheal Bergstrom (Republican)
Signed by Governor
Senate Committee
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 0 costs, 2 mixed.
Oil and gas excise continues, lower in 2031
Oklahoma keeps a small excise tax on oil and natural gas. The rate is 0.095% of gross value through June 30, 2031. Starting July 1, 2031, the rate drops to 0.085%. The Tax Commission collects it with the gross production tax. Buyers pay on oil or gas bought at the wellhead; producers pay on volumes they keep. Producers can deduct the tax in settlements with royalty owners.
Where oil and gas tax money goes
Beginning July 1, 2031, 92.35% of oil and gas excise money goes to General Revenue and 7.65% to the Interstate Oil Compact Fund. Each year, the first $1.35 million that would go to General Revenue is sent to the Oil and Gas Division Revolving Fund. Until June 30, 2031, older splits stay in place, including a set share for the Corporation Commission Plugging Fund. After July 1, 2031, the Plugging Fund no longer gets an excise share. Money in the Interstate Oil Compact Fund pays Oklahoma’s Compact representative, staff travel, office costs, and dues. The State Treasurer pays claims approved by the assistant representative and the Governor, and unspent year-end balances move to General Revenue.
Emergency clause and 2026 start
The law states an effective date of July 1, 2026. Lawmakers also declare an emergency, so the act takes effect upon passage and approval. The tax rates and money splits follow the dates listed in this law.
Sponsors & Cosponsors
Sponsor
Micheal Bergstrom
Republican • Senate
Cosponsors
Gerrid Kendrix
Republican • House
Roll Call Votes
House vote • 4/29/2026
Top_of_Page
Yes: 77 • No: 7
House vote • 4/7/2026
Emergency
Yes: 13 • No: 0
House vote • 4/7/2026
Emergency
Yes: 13 • No: 0
Senate vote • 3/10/2026
THIRD READING
Yes: 0 • No: 9
Senate vote • 2/9/2026
Emergency
Yes: 0 • No: 0
Actions Timeline
Approved by Governor 05/01/2026
5/5/2026SenateSent to Governor
4/29/2026SenateSigned, returned to Senate
4/29/2026HouseEnrolled, to House
4/29/2026SenateReferred for enrollment
4/29/2026SenateSigned, returned to Senate
4/29/2026HouseThird Reading, Measure and Emergency passed: Ayes: 77 Nays: 7
4/29/2026HouseGeneral Order
4/29/2026HouseCR; Do Pass Administrative Rules Committee
4/8/2026HouseSecond Reading referred to Administrative Rules
3/30/2026HouseFirst Reading
3/11/2026HouseEngrossed to House
3/11/2026SenateReferred for engrossment
3/10/2026SenateMeasure and Emergency passed: Ayes: 37 Nays: 9
3/10/2026SenateGeneral Order, Considered
3/10/2026SenateCoauthored by Representative Kendrix (principal House author)
3/3/2026SenatePlaced on General Order
2/11/2026SenateReported Do Pass Revenue and Taxation committee; CR filed
2/9/2026SenateSecond Reading referred to Revenue and Taxation
2/3/2026SenateAuthored by Senator Bergstrom
2/2/2026SenateFirst Reading
2/2/2026Senate
Bill Text
Enrolled (final version)
4/29/2026
Floor (House)
4/8/2026
House Committee Report
4/8/2026
Engrossed
3/11/2026
Floor (Senate)
2/10/2026
Senate Committee Report
2/9/2026
Introduced
12/18/2025
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