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HB3806 • 2026

Revenue and taxation; Oklahoma Revenue and Taxation Act of 2026; effective date.

Revenue and taxation; Oklahoma Revenue and Taxation Act of 2026; effective date.

Taxes
Active

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

Sponsor
Sneed
Last action
2026-02-03
Official status
Second Reading referred to Rules
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; Oklahoma Revenue and Taxation Act of 2026; effective date.

Revenue and taxation; Oklahoma Revenue and Taxation Act of 2026; effective date.

What This Bill Does

  • Revenue and taxation; Oklahoma Revenue and Taxation Act of 2026; effective date.

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: HB3806 FULLPCS1 Chris Sneed-AO 2/4/2026 9:32:36 am AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Chris Sneed Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB3806 Of the printed Bill Page Section Lines Of the Engrossed Bill By deleting the content of the entire measure, and by inserting in lieu thereof the following language: Req.

  • HB3806 FULLPCS1 Chris Sneed-AO 2/4/2026 9:32:36 am AMEND TITLE TO CONFORM TO AMENDMENTS Amendment submitted by: Chris Sneed Adopted: _____________________________ ______________________________________ Reading Clerk COMMITTEE AMENDMENT HOUSE OF REPRESENTATIVES State of Oklahoma SPEAKER: CHAIR: I move to amend HB3806 Of the printed Bill Page Section Lines Of the Engrossed Bill By deleting the content of the entire measure, and by inserting in lieu thereof the following language: Req.
  • No.
  • 15971 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 2nd Session of the 60th Legislature (2026) PROPOSED COMMITTEE SUBSTITUTE FOR HOUSE BILL NO.
  • 3806 By: Sneed PROPOSED COMMITTEE SUBSTITUTE An Act relating to revenue and taxation; creating an income tax credit for certain eligible business entities for credit card processing fees paid in excess of certain amount; defining terms; providing for allocation; prohibiting the credit from reducing the income tax liability of the eligible business entity to less than zero; providing carryover; providing for codification; and providing an effective date.

Bill History

  1. 2026-02-03 House

    Second Reading referred to Rules

  2. 2026-02-02 House

    First Reading

  3. 2026-02-02 House

    Authored by Representative Sneed

Official Summary Text

Revenue and taxation; Oklahoma Revenue and Taxation Act of 2026; effective date.

Current Bill Text

Read the full stored bill text
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STATE OF OKLAHOMA

2nd Session of the 60th Legislature (2026)

HOUSE BILL 3806 By: Sneed

AS INTRODUCED

An Act relating to revenue and taxation; creating the
Oklahoma Revenue and Taxation Act of 2026; providing
for noncodification; and providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law not to be
codified in the Oklahoma Statutes reads as follows:
This act shall be known and may be cited as the "Oklahoma
Revenue and Taxation Act of 2026".
SECTION 2. This act shall become effective November 1, 2026.

60-2-15699 AO 01/02/26