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HB1202 • 2026

Revenue and taxation; remittance; vendor retention; sales tax; use tax; effective date; emergency.

Revenue and taxation; remittance; vendor retention; sales tax; use tax; effective date; emergency.

Budget Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Maynard
Last action
2025-02-04
Official status
Referred to Appropriations and Budget Finance Subcommittee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Revenue and taxation; remittance; vendor retention; sales tax; use tax; effective date; emergency.

Revenue and taxation; remittance; vendor retention; sales tax; use tax; effective date; emergency.

What This Bill Does

  • Revenue and taxation; remittance; vendor retention; sales tax; use tax; effective date; emergency.
  • Bill Summaries/Fiscal Impact for HB 1202 (House): Introduced (2/4/2025) Bill Summaries/Fiscal Impact for HB 1202 (House): Proposed Committee Amendment (sub committee) 1 (2/24/2025) Bill Summaries/Fiscal Impact for HB 1202 (House): Proposed Committee Amendment (sub committee) 2 (2/24/2025) Bill Summaries/Fiscal Impact for HB 1202 (House): HB1202 SUMAMD1 BILLSUM.PDF (2/24/2025)

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Plain English: HB1202 SUBAMD1 Cody Maynard-MAH 2/10/2025 2:18:28 pm AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Cody Maynard Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB1202 Of the printed Bill Page Section Lines Of the Engrossed Bill cody.maynard On page 1, lines 19-20 by deleting the words and numeral "one percent (1%)" and by inserting in lieu thereof the words and numeral "one-half of one percent (1/2 of 1%)"; On page 2, line 5, by deleting the words and figure "Two Thousand Five Hundred Dollars ($2,500.00)" and by inserting in lieu thereof the words and figure "One Thousand Dollars ($1,000.00)"

  • HB1202 SUBAMD1 Cody Maynard-MAH 2/10/2025 2:18:28 pm AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Cody Maynard Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB1202 Of the printed Bill Page Section Lines Of the Engrossed Bill cody.maynard On page 1, lines 19-20 by deleting the words and numeral "one percent (1%)" and by inserting in lieu thereof the words and numeral "one-half of one percent (1/2 of 1%)"; On page 2, line 5, by deleting the words and figure "Two Thousand Five Hundred Dollars ($2,500.00)" and by inserting in lieu thereof the words and figure "One Thousand Dollars ($1,000.00)"

Plain English: HB1202 SUBAMD2 Cody Maynard-MAH 2/10/2025 2:20:45 pm AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Cody Maynard Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB1202 Of the printed Bill Page 1 Section 1 Lines 19-20 Of the Engrossed Bill By deleting the words and numeral "one percent (1%)" and by inserting in lieu thereof the words and numeral "one-half of one percent (1/2 of 1%)"

  • HB1202 SUBAMD2 Cody Maynard-MAH 2/10/2025 2:20:45 pm AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Cody Maynard Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB1202 Of the printed Bill Page 1 Section 1 Lines 19-20 Of the Engrossed Bill By deleting the words and numeral "one percent (1%)" and by inserting in lieu thereof the words and numeral "one-half of one percent (1/2 of 1%)"

Bill History

  1. 2025-02-04 House

    Second Reading referred to Appropriations and Budget

  2. 2025-02-04 House

    Referred to Appropriations and Budget Finance Subcommittee

  3. 2025-02-03 House

    First Reading

  4. 2025-02-03 House

    Authored by Representative Maynard

Official Summary Text

Revenue and taxation; remittance; vendor retention; sales tax; use tax; effective date; emergency.
Bill Summaries/Fiscal Impact for HB 1202 (House): Introduced (2/4/2025)
Bill Summaries/Fiscal Impact for HB 1202 (House): Proposed Committee Amendment (sub committee) 1 (2/24/2025)
Bill Summaries/Fiscal Impact for HB 1202 (House): Proposed Committee Amendment (sub committee) 2 (2/24/2025)
Bill Summaries/Fiscal Impact for HB 1202 (House): HB1202 SUMAMD1 BILLSUM.PDF (2/24/2025)

Current Bill Text

Read the full stored bill text
Req. No. 10186 Page 1
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STATE OF OKLAHOMA

1st Session of the 60th Legislature (2025)

HOUSE BILL 1202 By: Maynard

AS INTRODUCED

An Act relating to revenue and taxation; providing
for retention of certain sales and use tax amounts by
vendors; prescribing procedures; providing for
codification; providing an effective date; and
declaring an emergency.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 1367.1-A of Title 68, unless
there is created a duplication in numbering, reads as follows:
A. For the purpose of compensating the seller or vendor in
keeping sales tax records, filing reports and remitting the tax when
due, a seller or vendor shall be allowed a deduction of one percent
(1%) of the tax due under the applicable provisions of Title 68 of
the Oklahoma Statutes.
Such deduction shall not be allowed with respect to a direct
payment permit.

Req. No. 10186 Page 2
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B. No deductions from tax shall be allowed if any such report
or payment of tax is delinquent.
C. Notwithstanding the formula provided by subsection A of this
section, the deduction provided by this section shall be limited to
a maximum of Two Thousand Five Hundred Dollars ($2,500.00) per month
per sales tax permit. No such sales tax permit holder may change
sales tax permit status in order to avoid the provisions of this
subsection.
D. Notwithstanding any other provision of law, an amount equal
to the excess of the amount calculated by the formula provided by
subsection A of this section over the two-thousand-five-hundred-
dollar limit provided by subsection C of this section shall be
retained by the state as an administrative expense and deposited to
the General Revenue Fund.
SECTION 2. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 1410.1-A of Title 68, unless
there is created a duplication in numbering, reads as follows:
For the purpose of compensating the seller or vendor in keeping
use tax records, filing reports and remitting the tax when due, a
seller or vendor shall be allowed a deduction equal to the amount
provided for vendors under the Oklahoma Sales Tax Code.
SECTION 3. This act shall become effective July 1, 2025.
SECTION 4. It being immediately necessary for the preservation
of the public peace, health or safety, an emergency is hereby

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declared to exist, by reason whereof this act shall take effect and
be in full force from and after its passage and approval.

60-1-10186 MAH 01/14/25