All Roll Calls
Yes: 178 • No: 2
OklahomaSB 577Oklahoma 2026 Regular SessionSenate
Ad valorem tax; requiring submission of certain information for eligibility of certain exemption; requiring the Oklahoma Tax Commission to share information with the Incentive Evaluation Commission. Effective date.
Sponsored By: Dave Rader (Republican)
Became Law
Senate Committee
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
More equipment costs count for manufacturers
Oklahoma manufacturers can count more equipment spending toward investment costs for the five-year property tax exemption. This includes direct replacement, refurbishment, repair, or maintenance of existing machinery or equipment. The spending must qualify for depreciation or amortization under federal tax rules. It must also be part of a facility expansion that otherwise qualifies for the exemption. Counting these costs does not guarantee an exemption.
Manufacturers must report jobs for tax breaks
Beginning November 1, 2025, businesses receiving Oklahoma’s manufacturing-facility property tax exemption must report jobs and payroll each year. This applies to new, expanded, or acquired facilities throughout the years they receive the exemption. Reports must include the number of new jobs and payroll data for jobs created since the exemption began. The Oklahoma Tax Commission must share this data with the Incentive Evaluation Commission solely to evaluate the exemption.
Tech businesses must prove tax-break eligibility
Listed computer services and data processing businesses must file a sworn statement each year to seek Oklahoma manufacturing-facility status. They must also provide information required by the Oklahoma Tax Commission, which reviews eligibility. Businesses in industry codes NAICS 5112, 5415, 334611, and 519130 must earn at least 50% of annual gross revenue from out-of-state sales. Businesses in NAICS 5182 must earn at least 80% from those sales. Sales to the federal government count as out-of-state sales.
Sponsors & Cosponsors
Sponsor
Dave Rader
Republican • Senate
Cosponsors
Daniel Pae
Republican • House
Roll Call Votes
House vote • 5/6/2025
THIRD READING
Yes: 89 • No: 2
House vote • 4/16/2025
DO PASS
Yes: 27 • No: 0
House vote • 4/10/2025
DO PASS
Yes: 7 • No: 0
Senate vote • 3/11/2025
THIRD READING
Yes: 45 • No: 0
Senate vote • 2/10/2025
Committee vote: Finance
Yes: 10 • No: 0
Bill Text
Enrolled (final version)
5/7/2025
Floor (House)
4/21/2025
House Committee Report
4/17/2025
House Committee Report
4/10/2025
Engrossed
3/12/2025
Floor (Senate)
2/11/2025
Senate Committee Report
2/10/2025
Introduced
1/13/2025
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