All Roll Calls
Yes: 143 • No: 23
OklahomaSB 1390Oklahoma 2026 Regular SessionSenateWALLET
Gross production tax; modifying apportionment of collections for certain fiscal years; modifying apportionment limit. Effective date.
Sponsored By: Darcy Jech (Republican)
Signed by Governor
Senate Committee
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 0 benefits, 0 costs, 4 mixed.
New split and cap on gas tax
Beginning July 1, 2025, the 5% tax on natural gas is split after any required deposits to the Revenue Stabilization Fund. Forty percent goes to the General Revenue Fund until that share equals the five‑year moving average for gas. Ten percent goes to County Highway Funds and 10% goes to school districts (subject to the 15‑mill levy and 12 years of instruction rule). Forty percent goes to the Preserving and Advancing County Transportation Fund, but that share is capped at $75,000,000 per year. Any amount above the $75,000,000 cap goes to the General Revenue Fund.
Oil tax money shifts to rural water
The state sets aside parts of oil gross production taxes for specific funds. For oil taxed at 7%, 4.28% of receipts is pooled; for oil at 4%, 3.75%; and for oil at 5%, 5%. Through the fiscal year ending June 30, 2032, each pool is split equally among three funds: Common Education Technology, Higher Education Capital, and Oklahoma Student Aid. Starting July 1, 2032, all of each pool goes to the Oklahoma Water Resources Board’s Rural Economic Action Plan Water Projects Fund. This boosts future rural water project money and reduces future deposits to the listed education funds.
Yearly cap on state revolving funds
The state caps combined deposits each year to several funds at $150,000,000. The capped funds include: Common Education Technology, Higher Education Capital, Oklahoma Student Aid, Rural Economic Action Plan Water Projects, Tourism Capital Expenditure, Conservation Commission Infrastructure, and Community Water Infrastructure Development. When total deposits to these funds would top $150,000,000 in a year, the extra money goes to the General Revenue Fund. This limits how much these funds can receive in very strong revenue years.
Most changes start November 1, 2026
This law takes effect on November 1, 2026, unless a part of the law sets a different date. That date controls when the new rules start to apply.
Sponsors & Cosponsors
Sponsor
Darcy Jech
Republican • Senate
Cosponsors
Carl Newton
Republican • House
Roll Call Votes
House vote • 5/6/2026
Top_of_Page
Yes: 75 • No: 16
House vote • 4/21/2026
DO PASS
Yes: 25 • No: 0
House vote • 4/21/2026
DO PASS
Yes: 25 • No: 0
House vote • 4/6/2026
DO PASS
Yes: 9 • No: 0
House vote • 4/6/2026
DO PASS
Yes: 9 • No: 0
Senate vote • 3/23/2026
THIRD READING
Yes: 0 • No: 7
Senate vote • 3/4/2026
Emergency
Yes: 0 • No: 0
Senate vote • 2/23/2026
Emergency
Yes: 0 • No: 0
Actions Timeline
Approved by Governor 05/12/2026
5/13/2026SenateSent to Governor
5/6/2026SenateSigned, returned to Senate
5/6/2026HouseEnrolled, to House
5/6/2026SenateReferred for enrollment
5/6/2026SenateSigned, returned to Senate
5/6/2026HouseThird Reading, Measure passed: Ayes: 75 Nays: 16
5/6/2026HouseGeneral Order
5/6/2026HouseCR; Do Pass Appropriations and Budget Committee
4/23/2026HouseRecommendation to the full committee; Do Pass Appropriations and Budget Transportation Subcommittee
4/16/2026HouseReferred to Appropriations and Budget Transportation Subcommittee
3/31/2026HouseSecond Reading referred to Appropriations and Budget
3/30/2026HouseFirst Reading
3/24/2026HouseEngrossed to House
3/24/2026SenateReferred for engrossment
3/23/2026SenateMeasure passed: Ayes: 38 Nays: 7
3/23/2026SenateTitle restored
3/23/2026SenateGeneral Order, Amended
3/23/2026SenatePlaced on General Order
3/9/2026SenateEmergency removed
3/4/2026SenateTitle stricken
3/4/2026SenateReported Do Pass, amended by committee substitute Appropriations committee; CR filed
3/4/2026SenateReferred to Appropriations
2/23/2026SenateReported Do Pass Revenue and Taxation committee; CR filed
2/23/2026SenateCoauthored by Representative Newton (principal House author)
2/11/2026Senate
Bill Text
Enrolled (final version)
5/6/2026
Floor (House)
4/23/2026
House Committee Report
4/23/2026
House Committee Report
4/16/2026
Engrossed
3/24/2026
Floor (Senate)
3/5/2026
Committee Substitute
3/4/2026
Senate Committee Report 2
3/4/2026
Senate Committee Report 1
2/23/2026
Introduced
12/30/2025
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