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Bill > HB3376


OK HB3376

OK HB3376
Revenue and taxation; automobile manufacturing tax credit; repeal; effective date.


summary

Introduced
02/02/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act relating to revenue and taxation; repealing 68 O.S. 2021, Section 2357.404, which relates to tax credits for certain automobile manufacturing activity; and providing an effective date.

AI Summary

This bill, concerning revenue and taxation, repeals a specific section of Oklahoma law, 68 O.S. 2021, Section 2357.404, which previously provided tax credits for certain automobile manufacturing activities. Essentially, this means that any tax benefits previously available to companies involved in automobile manufacturing under that specific law will no longer be in effect. The bill also specifies that this repeal will become effective on November 1, 2026.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Appropriations and Budget Finance Subcommittee (on 02/03/2026)

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