Bill > SB583

This bill modifies Oklahoma's sales tax regulations regarding noncompliant taxpayers, expanding the requirements for businesses to avoid closure by the Oklahoma Tax Commission. Under the revised law, a noncompliant taxpayer is defined as a sales tax permit holder who fails to timely file two reports or remit tax due in a 24-month period. The bill introduces more stringent conditions for avoiding business closure, now requiring not just entering into a payment agreement with the Tax Commission, but also filing all required reports and remitting all taxes due for a consecutive 24-month period. Additionally, the bill provides a defense against closure if the taxpayer has a written payment agreement and has no more than three instances of untimely filed reports or late tax remittances during a 24-month period. The bill maintains existing administrative hearing procedures that allow taxpayers to contest closure, including the right to request a hearing within five business days of receiving a closure notice. If a business is ultimately closed, it becomes unlawful to continue operating, and the Tax Commission can seek an injunction to prevent further operation. The bill is set to become effective on November 1, 2025, providing businesses with advance notice of these new regulatory requirements.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb583&Session=2500