Revenue and taxation; motor vehicle excise tax; value of vehicle; effective date.

An Act
ENROLLED HOUSE
BILL NO. 1183 By: Grego and Bashore of the
House

and

Frix of the Senate

An Act relating to revenue and taxation; amending 68
O.S. 2021, Section 2104, as amended by Section 237,
Chapter 282, O.S.L. 2022 (68 O.S. Supp. 2024, Section
2104), which relates to the value of vehicles for the
purpose of the motor vehicle excise tax; modifying
how value is determined; and providing an effective
date.

SUBJECT: Revenue and taxation

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

SECTION 1. AMENDATORY 68 O.S. 2021, Section 2104, as
amended by Section 237, Chapter 282, O.S.L. 2022 (68 O.S. Supp.
2024, Section 2104), is amended to read as follows:

Section 2104. A. The value of any motor vehicle, except a
manufactured home, for the purposes of the excise tax levied by
Section 2103 of this title, shall be determined as of the time the
person applying for a certificate of title thereto obtained either
ownership or possession of the vehicle, which shall be presumed to
be the actual date of the sale or other transfer of ownership, and
assignment of the certificate of title.

B. The value of any vehicle, for purposes of the excise tax
levied by Section 2103 of this title, shall be the actual sales
price of such a vehicle before any discounts or credits are given
for a trade-in. However, the value of the vehicle prior to the
subtraction of such discounts or credits for a trade-in shall be
required to be within twenty percent (20%) of the average retail
price value of such vehicle as listed in the automotive reference
material prescribed by Service Oklahoma. The actual sales price of
the vehicle, which total shall be the basis of the motor vehicle
excise tax, as well as the number of tires on the vehicle and the
ENR. H. B. NO. 1183 Page 2
tire rim diameters, shall be entered on the bill of sale furnished
by the seller to the purchaser, or on such other form as may be
prescribed by Service Oklahoma.

Upon receipt of the properly completed bill of sale or other
form as prescribed by Service Oklahoma, and the payment of all
applicable taxes and fees, Service Oklahoma or an appointed licensed
operator shall issue a vehicle certificate of title in accordance
with the provisions of the Oklahoma Vehicle License and Registration
Act.

SECTION 2. This act shall become effective July 1, 2026.

ENR. H. B. NO. 1183 Page 3
Passed the House of Representatives the 14th day of May, 2025.

Presiding Officer of the House
of Representatives

Passed the Senate the 6th day of May, 2025.

Presiding Officer of the Senate

OFFICE OF THE GOVERNOR
Received by the Office of the Governor this ____________________
day of ___________________, 20_______, at _______ o'clock _______ M.
By: _________________________________
Approved by the Governor of the State of Oklahoma this _________
day of ___________________, 20_______, at _______ o'clock _______ M.

_________________________________
Governor of the State of Oklahoma

OFFICE OF THE SECRETARY OF STATE
Received by the Office of the Secretary of State this __________
day of ___________________, 20_______, at _______ o'clock _______ M.
By: _________________________________