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Bill > SB511
OK SB511
OK SB511Tax administration; clarifying and modifying procedures related to various tax types. Effective date.
summary
Introduced
02/04/2019
02/04/2019
In Committee
04/11/2019
04/11/2019
Crossed Over
03/14/2019
03/14/2019
Passed
Dead
05/29/2020
05/29/2020
Introduced Session
2020 Regular Session
Bill Summary
An Act relating to tax administration; amending Sections 104, Chapter 366, O.S.L. 2016, as amended by Section 13, Chapter 205, O.S.L. 2017 and 116, Chapter 366, O.S.L. 2016 (37A O.S. Supp. 2018, Sections 5-101 and 5-113), which relate to the excise tax on alcoholic beverages; clarifying tax remittance responsibilities; modifying day of the month by which certain records are due; amending 68 O.S. 2011, Section 234, which relates to liens for unpaid taxes, interest and penalties; requiring notice of certain actions to Oklahoma Tax Commission for determining liens on property; amending 68 O.S. 2011, Section 255, which relates to Oklahoma Tax Commission contracts with debt collection agencies; modifying time limit for an outside collection agency to remit funds to the Oklahoma Tax Commission; amending 68 O.S. 2011, Section 1365, which relates to sales tax; modifying the schedule for remitting taxes for certain taxpayers; and providing an effective date. AMENDMENT NO. 1. , lines 6-15, strike the title to read as follows: "[ tax administration - clarifying tax remittance responsibilities - modifying the schedule for remitting taxes for certain taxpayers - effective date ]" Passed the House of Representatives the 22nd day of April, 2019. Presiding Officer of the House of Representatives Passed the Senate the ____ day of __________, 2019. Presiding Officer of the Senate ENGROSSED SENATE BILL NO. 511 By: Bice of the Senate and Fetgatter of the House An Act relating to tax administration; amending Sections 104, Chapter 366, O.S.L. 2016, as amended by Section 13, Chapter 205, O.S.L. 2017 and 116, Chapter 366, O.S.L. 2016 (37A O.S. Supp. 2018, Sections 5-101 and 5-113), which relate to the excise tax on alcoholic beverages; clarifying tax remittance responsibilities; modifying day of the month by which certain records are due; amending 68 O.S. 2011, Section 234, which relates to liens for unpaid taxes, interest and penalties; requiring notice of certain actions to Oklahoma Tax Commission for determining liens on property; amending 68 O.S. 2011, Section 255, which relates to Oklahoma Tax Commission contracts with debt collection agencies; modifying time limit for an outside collection agency to remit funds to the Oklahoma Tax Commission; amending 68 O.S. 2011, Section 1365, which relates to sales tax; modifying the schedule for remitting taxes for certain taxpayers; and providing an effective date.
AI Summary
This bill clarifies and modifies various tax administration procedures in Oklahoma. It updates requirements for remitting excise taxes on alcoholic beverages, including who is responsible for remitting the taxes and when the tax returns are due. It also modifies requirements for maintaining and submitting records related to alcohol sales and purchases. Additionally, the bill updates procedures for the Oklahoma Tax Commission to place liens on property for unpaid taxes, and it changes the time limit for outside debt collection agencies to remit funds to the Commission. Finally, the bill modifies the schedule for when certain taxpayers must remit sales taxes to the state. The bill will take effect on November 1, 2019.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
SCs named Bice, Hall, Rader, Simpson, Floyd, Kirt (on 05/15/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb511&Session=2000 | 11/20/2019 |
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