Bill
SB 227
Gross production tax; property exempt from ad valorem tax as used in the production of material subject to gross production tax; expanding exempt property. Effective date.
2026 Regular Session
Introduced by Julie Daniels and 1 co-sponsor
Oklahoma bill expands property tax exemptions for production equipment, reducing taxes on gross production industries and cutting state/local government revenue.
Approved by Governor 04/13/2026