Bill > HB1279

This bill modifies the Oklahoma Uniform Tax Procedure Code by updating several key provisions related to tax protests and assessments. Specifically, the bill introduces a new procedure for taxpayers to protest the denial of certain tax credits, requiring them to file a written protest within 15 days of electronic notification of the denial. If a taxpayer requests an oral hearing, the Oklahoma Tax Commission must set a hearing date at least 10 days after notifying the taxpayer, and must then issue a written order within 60 days containing findings of fact and legal conclusions. The bill also clarifies existing protest procedures for tax assessments, including the requirement that protests must be filed under oath on a Tax Commission-prescribed form, must outline specific details about the tax dispute, and can be filed within 60 days of a proposed assessment. Additionally, the bill allows taxpayers to appeal the Tax Commission's order through established legal channels and provides that if no appeal is filed, the order becomes final within 30 days. The bill is declared an emergency measure, meaning it will take effect immediately upon passage and approval.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1279&Session=2600