This bill allows corporations in Oklahoma to subtract a specific amount from their taxable income as per the Oklahoma Income Tax Code. The deduction begins at the rate of 20% for the taxable year starting after December 31, 2023, and before January 1, 2025. The deduction rate increases by 20% each year, reaching 100% for any taxable year starting on or after January 1, 2028. Companies must make an irrevocable decision to reduce taxable income, as specified by this act, by June 30, 2024, or within 60 days after the formation of a new eligible entity.

This bill, if enacted into law, would limit the use of state revenues in Oklahoma for the benefit of people illegally present in the state or the United States. State funds would not be allowed to be used knowingly to provide any form of support to such individuals, with some key exceptions. 

It amends current legislation to permit retail spirit license holders to offer samples of alcoholic beverages to employees under certain circumstances.

Modifying procedures for application process for Oklahoma Parental Choice Tax Credit

The bill modifies the definition of certain terms and introduces a new definition for the term 'educational infrastructure fund'. The act also outlines specific tax credit percentages and limits for taxpayers making contributions to eligible scholarship-granting organizations. Additionally, it details the reporting requirements and financial accountability measures for these scholarship-granting organizations, along with the allocation and claiming procedures for tax credits.

Creating Oklahoma's Modern Plan for Economic Transformation and Effectiveness (COMPETE) Act; creating the Oklahoma Office of Economic Development, Growth, and Expansion.

It outlines specific elements that constitute organized retail crime, such as the intention for resale, use of theft tools, attempted escape through fire exits or non-public entry and exit points, and resistance to arrest. The bill also modifies aggregated offense periods, alters criminal offense patterns and modifies the escape element of force or fear in determining robbery classifications. It includes certain penalties related to organized retail crime, ranging from a fine of up to $1,000 and/or imprisonment for up to eight years. 

Modifying procedures for parental choice tax credits; disallowing credit to be used for certain tax offsets; exempting credit from taxable income

Prohibiting a school district from taking certain actions with regard to statewide professional educators' associations

This bill is related to the expungement and sealing of criminal records; it clarifies which records are eligible to be sealed and modifies the requirements for certain expungements.

Removing requirement for prior school year attendance for LNH eligibility.

Increases the minimum employee contribution for members of the Oklahoma Police Pension and Retirement System from 8% to 9% of their paid base salary, effective July 1, 2025. - Increases the computation factor used to calculate the accrued retirement benefit for certain members of the Oklahoma Police Pension and Retirement System, phasing in higher percentages over time, from 2.5% to 3% of final average salary.

Tribal-State agreements; enacting law to offer supplemental compact terms to affirm and extend existing agreements pertaining to motor vehicle registration 

Department of Commerce; making an appropriation; source; specifying amount.

Civil procedure; authorizing court to award certain costs; authorizing court to impose certain sanctions; effective date.

Students; creating the Oklahoma Parental Choice Tax Credit Act; creating income tax credit for certain taxpayers; emergency.

Providing for income tax cuts of .5%

Requiring all instructional material purchased or made available on school property to be subject to inspection

Income-tax phaseout

Public retirement systems; Oklahoma Public Employees Retirement System; defined contribution plan; defined benefit plan; accounts; service credit; effective ...

Public retirement systems; Oklahoma Public Employees Retirement System; defined contribution plan; defined benefit plan; accounts; service credit; effective ...

An Act relating to public finance; creating the Public Finance Act of 2023; providing for noncodification; and providing an effective date.

Obscene material; defining certain term

Public finance; Large-scale Economic Activity and Development Act of 2022; modifying certain job threshold requirement; requiring transfer of funds if certa ...

Economic development; creating the Perform Act; providing investment rebate. Emergency.

Economic development; making an appropriation to the Perform Fund; identifying source; establishing amount; requiring certain amounts be used for certain purposes

Tribal-State agreements; affirming and offering supplemental compact term; enacting law to offer the restoration of compact

Education; specifying apportionment of certain appropriated funds. Effective date. Emergency.

This bill increases the employer matching amount for the Oklahoma Public Employees Retirement System's defined contribution plan. Specifically, it raises the employer matching rate from 6% to 8% for employee contributions, and from 7% to 10% if the employee contributes 7% or more. The bill also exempts increases to the employee and employer contribution rates for the defined contribution plan from the requirements of the Oklahoma Pension Legislation Actuarial Analysis Act. The changes in this bill will take effect on November 1, 2022.

An Act relating to professions and occupations; amending 2 O.S. 2021, Section 11-98, which relates to the Oklahoma Scrap Metal Dealers Act; modifying application for license; defining terms; amending 37A O.S. 2021, Section 2-146, which relates to the Oklahoma Alcoholic Beverage Control Act; modifying disqualifying factors for licensure; amending 47 O.S. 2021, Section 565, which relates to motor vehicle dealers; modifying application for license; defining terms; amending 47 O.S. 2021, Section 584, which relates to used motor vehicle dealers; modifying basis for denial, revocation or suspension of license; defining terms; amending 63 O.S. 2021, Section 1-1454, which relates to the Oklahoma Medical Micropigmentation Regulation Act; modifying qualifications for certification; defining terms; and providing an effective date. SUBJECT: Professions and occupations

An Act relating to elections; creating the Prohibit the Private Funding of Elections Act; defining terms; requiring elections be paid for with public funds; providing exceptions; prohibiting acceptance of private funds for elections; providing exception; providing for penalties; providing for codification; and declaring an emergency. SUBJECT: Elections

An Act relating to revenue and taxation; amending 68 O.S. 2021, Section 2358, which relates to itemized deductions; excluding gambling losses from net amount of itemized deductions allowable; amending 68 O.S. 2021, Section 227, which relates to refunds of erroneous payments; extending time for certain refund claims; providing an effective date; and declaring an emergency.

An Act relating to revenue and taxation; repealing 68 O.S. 2021, Sections 1201, 1202, 1203, 1204, 1205, 1206, 1207, 1208, 1209, 1210, 1211, 1212, 1212.1, 1213 and 1214, which relate to franchise tax; providing an effective date; and declaring an emergency.

Fees and costs; Juvenile Code; costs of representation in certain proceedings; effective date; emergency.    

Expungements; providing for the automatic sealing of records under certain circumstances; effective date.    

Revenue and taxation; income tax; full expensing; requiring conformity with Internal Revenue Code; emergency.    

An Act relating to the Large-scale Economic Activity and Development Fund; making an appropriation; identifying source; establishing amount; requiring certain amounts be used for certain purposes; and providing an effective date. SUBJECT: Large-scale Economic Activity and Development Fund

An Act relating to the Progressing Rural Economic Prosperity Fund; making an appropriation; identifying source; establishing amount; providing purpose; providing an effective date; and declaring an emergency. SUBJECT: Progressing Rural Economic Prosperity Fund

General appropriations; making appropriations to various agencies; providing for certain transfers of funds. Effective date.

An Act relating to courts; enacting the Fines Assessed and Imposed Reasonably (FAIR) Act; providing for certain transfer of funds; amending 20 O.S. 2021, Section 1313.2, which relates to definitions; eliminating certain fees; amending 22 O.S. 2021, Section 988.9, which relates to community sentencing; eliminating certain fee; amending 22 O.S. 2021, Section 991c, which relates to deferred sentence; eliminating certain fee; amending 22 O.S. 2021, Section 991d, which relates to supervision fees; eliminating certain fees; amending 28 O.S. 2021, Section 153, which relates to costs in criminal cases; eliminating certain fees; amending 29 O.S. 2021, Section 9-114, which relates to penalties; eliminating certain fee; amending 63 O.S. 2021, Sections 2-401, 2-402, as last amended by Section 1, Chapter 220, O.S.L. 2016, 2-404, 2-405, 2-406, 2-407, 2-407.1, and 2-415, which relate to penalties for prohibited acts; eliminating certain fees; updating statutory references; updating statutory language; defining terms; creating the Office of Judicial Performance Evaluation; providing purpose of Office; creating Board of Judicial Performance Evaluation; stating purpose of Board; providing for terms of office for members of the Board of Judicial Performance Evaluation; imposing certain conditions with respect to membership; providing for payment to members of the Board of Judicial Performance Evaluation; providing for travel reimbursement; requiring approval for expenses of the Office of Judicial Performance Evaluation; providing certain meetings of the Board of Judicial Performance Evaluation are confidential and exempt from Oklahoma Open Meeting Act; providing for confidentiality of certain information and exempt from Oklahoma Open Records Act; creating Administrator position; prescribing duties of Administrator; prescribing duties and powers of Office of Judicial Performance Evaluation; prescribing criteria for judicial performance evaluations; requiring initial evaluations; requiring interim evaluations; allowing response from Justice or judge; requiring performance evaluations be shared with certain persons; requiring election-year evaluations; prescribing content of narratives; allowing response from Justice or judge; requiring performance evaluations be shared with certain persons; authorizing improvement plans; prescribing process; prescribing procedures based upon failure to complete plan; providing for disclosure of certain conflicts of interest; providing recusal process for certain persons; requiring information be kept confidential; prescribing Board of Judicial Performance Evaluation duties and powers; authorizing promulgation of rules; repealing 19 O.S. 2021, Section 339.7, which relates to community service programs; repealing 20 O.S. 2021, Sections 1313.3 and 1313.4, which relate to fees and fingerprinting; repealing 63 O.S. 2021, Section 2-503.2, which relates to the Drug Abuse Education and Treatment Revolving Fund; providing for noncodification; providing for codification; and providing an effective date.

Occupational licensing and certification; allowing certain individuals with a criminal history to receive licensing and certification to practice. Effective ...    

Schools; requiring restrooms or changing areas to be used by individuals based on their sex; requiring certain accommodation. Emergency.    

Constitutional amendment; recreating court system.    

Legal representation; modifying requirements for contracting for certain legal representation. Effective date.