House Bill No. 2170, introduced by Representative Pfeiffer, proposes several amendments to the Oklahoma Statutes concerning revenue and taxation. Notably, the bill grants the Oklahoma Tax Commission the authority to charge a fee for reissuing tax refunds and modifies the process for taxpayers to claim refunds for erroneously paid taxes, requiring claims to be submitted on a form prescribed by the Tax Commission. Additionally, the bill allows the Tax Commission to use a dynamic revenue estimating model for forecasting tax revenues and updates the requirements for administrative wage garnishment. It also repeals Section 205.5, which relates to delinquent tax information, and clarifies the Tax Commission's ability to contract with educational institutions for revenue estimation assistance.

The bill introduces new administrative fines for retailers and wholesalers violating tobacco product sales regulations, with escalating fines for repeat offenses and a ten-year ineligibility period for license reapplication following revocation. It also establishes a seven percent tax on gross sales of retail medical marijuana, with the Tax Commission authorized to assess and collect this tax while retaining a collection fee. The proceeds from this tax will be allocated to the Medical Marijuana Tax Fund after deducting the collection fee. The act is set to take effect on November 1, 2025, and aims to enhance the efficiency of tax administration and compliance in Oklahoma.

Statutes affected:
Introduced: 68-118, 68-227
House Committee Substitute: 68-118, 68-227, 68-255.2, 63-426, 68-205.5
Floor (House): 68-118, 68-227, 68-255.2, 63-426, 68-205.5
Engrossed: 68-118, 68-227, 68-255.2, 63-426, 68-205.5
Sub Committee OR Policy Committee Recommendations (House) Sub Committee Recommendation: 68-118, 68-227, 68-255.2, 63-426, 68-205.5