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OK HB3983

OK HB3983
Cigarettes; cigarette excise taxes; stamps; 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 cigarettes; amending 68 O.S. 2021, Section 301, 321, and 322, which relate to the administration of cigarette excise taxes; modifying definition of cigarette; providing partial exemption to cigarette excise taxes for certain types of products; requiring certain stamps be made available on certain timeline; clarifying references; and providing an effective date.

AI Summary

This bill modifies Oklahoma's cigarette excise tax laws by updating the definition of a "cigarette" to include products intended to be heated or burned, and it introduces a partial exemption, specifically a 50% tax reduction, for these heated tobacco products. Additionally, the bill requires the Oklahoma Tax Commission (OTC), which is the state agency responsible for administering taxes, to create and make available distinct tax stamps for these heated products by the bill's effective date, which is set for November 1, 2026, and it also clarifies references within the existing tax statutes.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Second Reading referred to Appropriations and Budget (on 02/03/2026)

bill text


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