Bill

HB 3986

Taxes; gross production tax; requiring certain completion methods for specific exemptions; effective date.

2026 Regular Session Introduced by Trey Caldwell and 1 co-sponsor

Oklahoma bill proposes modernizing the gross production tax on oil and gas extraction, potentially reshaping state energy revenue and industry competitiveness.

Approved by Governor 05/12/2026

WeVote — Public opinion

No community votes yet. Be the first to weigh in from the Vote tab.

Versions

Proposed Committee Substitute (full committee) 1 Introduced House Committee Substitute Floor (House) Floor (Senate) Engrossed Enrolled (final version)

Bill text & amendments

Senate Committee Report 2 Senate Committee Report 1 House Committee Report

New to WeVote?

Join free to follow the races on your ballot, compare candidates, and weigh in.

Create account Sign in

Trending proposals

SONDRA COSGROVE Protect the right to run ballot questions in Nevada. 1% 3 of 500

SONDRA COSGROVE Treat all voters equally in taxpayer funded elections 0% 2 of 500

View all proposals

Support our mission

WeVote is free and nonpartisan — powered by small donations from voters like you.

Make a donation

WeVote is nonpartisan and does not endorse candidates or parties.