OklahomaSB 897Oklahoma 2026 Regular SessionSenateWALLET

Corporation Commission; modifying termination date of Plugging Fund. Effective date.

Sponsored By: Micheal Bergstrom (Republican)

Became Law

Senate Committee

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Oklahoma extends cleanup funding and tax

Beginning November 1, 2025, Oklahoma extends its Plugging Fund maintenance date from July 1, 2026, to July 1, 2031. The required fund balance is $5 million. If the balance falls below that level, the Corporation Commission must notify the Tax Commission to impose the applicable oil and gas excise tax. The Tax Commission must notify taxpayers, and collection continues until the balance is restored. This tax mechanism ends July 1, 2031. The fund supports plugging work, carries money across fiscal years, and does not require legislative appropriations. Each fiscal year, the Corporation Commission can spend up to 8% of the prior year's deposits on seeping natural gas responses. It can also fund immediate emergencies within its authority that threaten the environment or public safety, following state purchasing rules. Payments require an authorized Commission employee's signed claim, state management office approval, and State Treasurer processing. Existing surety bond requirements remain unchanged.

Sponsors & Cosponsors

Sponsor

  • Micheal Bergstrom

    Republican • Senate

Cosponsors

  • Kendrix

    Affiliation unavailable

Roll Call Votes

All Roll Calls

Yes: 177 • No: 0

House vote • 5/6/2025

THIRD READING

Yes: 92 • No: 0

House vote • 4/8/2025

DO PASS

Yes: 13 • No: 0

Senate vote • 3/11/2025

THIRD READING

Yes: 42 • No: 0 • Other: 1

Senate vote • 2/24/2025

THE OKLAHOMA

Yes: 11 • No: 0

Senate vote • 2/24/2025

THE OKLAHOMA

Yes: 11 • No: 0

Senate vote • 2/13/2025

THE OKLAHOMA

Yes: 8 • No: 0

Actions Timeline

  1. Becomes law without Governor's signature 05/14/2025

    5/14/2025Senate
  2. Sent to Governor

    5/7/2025Senate
  3. Signed, returned to Senate

    5/7/2025House
  4. Enrolled, to House

    5/7/2025Senate
  5. Referred for enrollment

    5/6/2025Senate
  6. Signed, returned to Senate

    5/6/2025House
  7. Third Reading, Measure passed: Ayes: 92 Nays: 0

    5/6/2025House
  8. General Order

    5/6/2025House
  9. CR; Do Pass Administrative Rules Committee

    4/8/2025House
  10. Second Reading referred to Administrative Rules

    4/1/2025House
  11. First Reading

    3/12/2025House
  12. Engrossed to House

    3/12/2025Senate
  13. Referred for engrossment

    3/11/2025Senate
  14. Measure passed: Ayes: 42 Nays: 0

    3/11/2025Senate
  15. General Order, Considered

    3/11/2025Senate
  16. Coauthored by Representative Kendrix (principal House author)

    2/27/2025Senate
  17. Placed on General Order

    2/26/2025Senate
  18. Reported Do Pass Revenue and Taxation committee; CR filed

    2/24/2025Senate
  19. Referred to Revenue and Taxation

    2/13/2025Senate
  20. Reported Do Pass, amended by committee substitute Administrative Rules committee; CR filed

    2/13/2025Senate
  21. Second Reading referred to Administrative Rules Committee then to Revenue and Taxation Committee

    2/4/2025Senate
  22. Authored by Senator Bergstrom

    2/3/2025Senate
  23. First Reading

    2/3/2025Senate

Bill Text

  • Enrolled (final version)

    5/7/2025

  • Floor (House)

    4/8/2025

  • House Committee Report

    4/8/2025

  • Engrossed

    3/12/2025

  • Floor (Senate)

    2/25/2025

  • Senate Committee Report 2

    2/24/2025

  • Committee Substitute

    2/17/2025

  • Senate Committee Report 1

    2/13/2025

  • Introduced

    1/16/2025

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