1 STATE OF OKLAHOMA
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2 2nd Session of the 59th Legislature (2024)
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3 SENATE BILL 1415 By: Jech
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6 AS INTRODUCED
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7 An Act relating to tax procedure; establishing the
7 First Time Abatement Program; authorizing the
8 abatement of interest and penalty for certain
8 individual income taxpayers; requiring taxpayer to
9 file returns and pay tax liability pursuant to
9 certain agreement; prohibiting collection of interest
10 and penalties upon payment; requiring the release of
10 certain liens upon payment; specifying eligibility;
11 providing for codification; and providing an
11 effective date.
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14 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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15 SECTION 1. NEW LAW A new section of law to be codified
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16 in the Oklahoma Statutes as Section 216.6 of Title 68, unless there
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17 is created a duplication in numbering, reads as follows:
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18 A. The Oklahoma Tax Commission is hereby authorized and
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19 directed to establish the First Time Abatement Program for the tax
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20 imposed upon individuals pursuant to Section 2355 of Title 68 of the
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21 Oklahoma Statutes. A taxpayer meeting the qualifications provided
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22 in subsection B of this section shall be entitled to a waiver of
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23 penalty and interest due on individual income tax if the taxpayer
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24 voluntarily files delinquent tax returns and pays the taxes due
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 1 pursuant to an agreement with the Commission. Upon payment of the
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2 taxes due pursuant to the agreement, the Commission shall abate and
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3 not seek to collect any interest or penalties applicable to the tax
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4 liability due pursuant to the agreement and release any liens
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5 imposed.
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6 B. To be eligible for the First Time Abatement Program, the
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7 taxpayer shall:
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8 1. Not have failed to file any necessary returns in the
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9 previous five (5) tax years before the tax delinquency, interest, or
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10 penalties were incurred;
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11 2. Not have previously received a waiver of penalty or interest
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12 by the Oklahoma Tax Commission;
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13 3. Not have been convicted for violations of Section 241 of
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14 Title 68 of the Oklahoma Statutes;
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15 4. Have filed all necessary returns pursuant to the laws of
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16 this state; and
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17 5. Have paid all individual income tax liability or entered
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18 into an agreement with the Commission for payment of income tax
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19 liability.
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20 SECTION 2. This act shall become effective November 1, 2024.
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22 59-2-2497 QD 12/15/2023 3:40:12 PM
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