[{"_1":2,"_124":-5,"_125":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100,112],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6326461,"mediaKeyId","2324453-efef2a187fd471056237448a1dd3fb9a","parentId",2324453,"title","Committee advances bill to require in‑lieu payments when Commissioners of the Land Office owns 10% or more of a county","audioSeconds",356,"startMs",1840000,"endMs",2196000,"viewUrl","/Search/View?dp=1&key=2324453-efef2a187fd471056237448a1dd3fb9a&start=1840&end=2196","thumbnailUrl","https://assets.pipeline.soar.com/2324453-efef2a187fd471056237448a1dd3fb9a/thumbnail_1840000.jpg","articleUrl","/articles/6326461/Oklahoma/Committee-advances-bill-to-require-inlieu-payments-when-Commissioners-of-the-Land-Office-owns-10-or-more-of-a-county","mediaUrl","https://secure.pipeline.soar.com/6326461-e08102502b3998cabd15054fcf882a6f/orig.mp4?Expires=1771174058&Signature=fDys0dM52jbh4XEu~d-hHqUkwG~sEQ-LCdis7GrdTPMM31jjyfLLY7uiTi9ImYQP~DHuc7Gkq2SVlBK27PY82VBHjGzdlZ~YpAaV90xWXUeDFZDdXjARu~GlySOZCu1gGkKR~h1Te6nV95j1vMw9xmYmpCtp5aBoyU1VIlYuLUQqmkSYWSVj1gypnMvLkCPFFdljLGj0yjxRWYHUNXJk1gh8jGu9d2fDuTFcqcZdFsKHC5x7n-Hak9fn38oaoHOaI8Ew1YsJCB8AeiIHgrMviI-9P~vd508bvQyRjyEob0I3Es-XN96lXMbgJeGYorNYd3HlYN89BqSlsoihCjICUg__&Key-Pair-Id=KUT5TJCACFTXG","author","OK State Legislature","date","2025-02-17T00:00:00Z","article","The Revenue and Taxation Committee voted to pass Senate Bill 237, a measure from Sen. David Murdoch to require in‑lieu ad valorem payments from the Commissioners of the Land Office when the CLO’s holdings equal 10% or more of a county’s land. The committee recorded an 11‑0 roll call in favor of the bill.

Senator David Murdoch, the bill’s author, told the committee the measure targets counties where the CLO’s landholdings significantly reduce taxable acreage. “Senate Bill 237 is a bill to address the amount of land that CLO owns in Rural Oklahoma,” Murdoch said, and he cited a LOFT report showing the CLO owned “236,000 acres” in Cimarron County and that the report estimated the ownership had cost local schools an identified sum in the report.

The bill would require the CLO to make an annual in‑lieu payment to any county where CLO land comprises at least 10% of the county’s area. Murdoch noted most schools receive about 80% of ad valorem tax revenue, and he said the measure is intended to help those school districts and other county services that receive property‑tax revenue.

Committee members asked operational questions about scope and appeals. Senator Mann asked how many counties would be affected; Murdoch responded it would affect one county (Cimarron), with the next county measuring 9.7% (Kay County). Senator Kirk asked whether the CLO could pass the expense to leaseholders; Murdoch said the CLO could “tack this onto the minimum bid when they start their auctions.” Senator Hamilton asked whether the CLO is authorized to make such payments; Murdoch said he believed an in‑lieu payment would be permissible.

The committee voted by roll call. The clerk recorded the following votes: Senator Gillespie (aye); Senator Gallaher (aye); Senator Hall (aye); Senator Hamilton (aye); Senator Howard (aye); Senator Jett (aye); Senator Kurt (aye); Senator Mann (aye); Senator Saccheri (aye); Vice Chair Devers (aye); Chairman Rader (aye). The committee chair declared Senate Bill 237 passed as amended.

The bill will move to subsequent Senate consideration with the committee recommendation to pass.","mediaType","Video","parentTitle","Revenue and Taxation Feb 17, 2025","oneSentenceSummary","The Revenue and Taxation Committee voted to pass Senate Bill 237, a measure from Sen. David Murdoch that would require the Commissioners of the Land Office (CLO) to make in‑lieu ad valorem payments to a county when the CLO controls 10% or more of that county’s land.","taxTitle","2025 Legislature OK, Oklahoma","taxId",78380,"location","Oklahoma","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6326441,"Votes at a glance: committee advances several technical and programmatic tax measures",1568,7687000,9255000,"/Search/View?dp=1&key=2324453-efef2a187fd471056237448a1dd3fb9a&start=7687&end=9255","https://assets.pipeline.soar.com/2324453-efef2a187fd471056237448a1dd3fb9a/thumbnail_7687000.jpg","/articles/6326441/Oklahoma/Votes-at-a-glance-committee-advances-several-technical-and-programmatic-tax-measures","https://secure.pipeline.soar.com/6326441-689a1cad2c9c63f280c1b71c17bbd04b/orig.mp4?Expires=1771174058&Signature=AfZ3hSE8-dRhUH-DSA9S~tRKy2MetPx46qcN6AqbES-A7accSSzirLluxTn7mMRIZCNPvBa2w58PsXOuo2vxb9Nx-XG9nQKr967DCdaQdipPKd14zyImHg4fMFGySxnxydqb1mGxsMOU6tjtQjbMrxqoBUXkmXwc1laXKgInZwTJTI0wzV73Bz0niwXBQC6TbpvZYh2kqEagykO2vq30XJyOk1-iE4CLrPokk1KRn-Z2uwL82khQZH8acIcEBj6UmPsQOvzpKNoSRMObb0ES6aG~XOGbUTLVR2cA5KiVHc7BlHZwb8hJ2TMYK17WSJ-P2NRf~rqgEaaJQrS5YJwN~A__&Key-Pair-Id=KUT5TJCACFTXG","The Revenue and Taxation Committee handled several measures in a single meeting, moving a group of largely technical or programmatic bills forward with recorded roll‑call votes. Highlights below list the committee action, the roll‑call result shown in the transcript and a brief one‑line description of each measure.

• Senate Bill 9‑57 — Passed 9‑2. Author: Senator Albert. Summary: Harmonizes and combines statutes (3‑48‑1 and 3‑48‑3) governing investment rules for public entities and expands the list of political subdivisions defined as investors in Title 51, Section 152. Committee recorded 9 ayes, 2 nays; declared passed as amended.

• Senate Bill 38 — Passed 6‑5. Author: Senator Coleman. Summary: Raises the Oklahoma Historical Society’s deferred‑maintenance cap that had not been adjusted for about a decade, increasing available statutory authority to cover museum repairs (committee recorded 6 ayes, 5 nays).

• Senate Bill 2‑83 — Passed 7‑4. Author: Senator Rader. Summary: Amends master lease refunding procedures used by the state’s higher‑education institutions so refundings may proceed through the Council on Bond Oversight without a second 45‑day legislative review window, allowing institutions to act in faster bond markets.

• Senate Bill 5‑82 — Passed 11‑0. Author: Senator Rader. Summary: Narrows forecasting requirements for agencies; the bill removes a requirement to supply agency forecasts two fiscal years beyond the certification horizon and instead limits forecasts to a shorter time frame.

• Senate Bill 5‑83 — Passed 11‑0. Author: Senator Rader. Summary: Closes a loophole that allowed businesses to avoid closure for repeated late filing or late payment of sales‑tax trust liabilities; the bill clarifies that timely filing and payment are required and preserves administrative due process (notice and hearing) before closure.

• Senate Bill 4‑74 — Passed 10‑0. Author: Senator Rader. Summary: Establishes a verification system for sale‑for‑resale tax exemption cards so resale exemptions cannot be used after a business ceases operations and to reduce fraudulent misuse of resale certificates.

Each bill passed with the committee recommendation recorded on the transcript; individual authors and agency witnesses appeared briefly but the committee reserved longer debate for bills with more significant policy questions.","The Revenue and Taxation Committee took action on multiple bills with limited debate, advancing statutes that clarify investment rules for local entities, raise historic‑society maintenance caps, streamline refunding approvals, tighten agency forecasting, close a sales‑tax delinquency loophole and add resale‑exemption verification.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6326446,"Committee lays over tax‑credit bill for small aerospace and defense suppliers facing CMMC costs",1813,5697000,7510000,"/Search/View?dp=1&key=2324453-efef2a187fd471056237448a1dd3fb9a&start=5697&end=7510","https://assets.pipeline.soar.com/2324453-efef2a187fd471056237448a1dd3fb9a/thumbnail_5697000.jpg","/articles/6326446/Oklahoma/Committee-lays-over-taxcredit-bill-for-small-aerospace-and-defense-suppliers-facing-CMMC-costs","https://secure.pipeline.soar.com/6326446-4b5e6f46393f945dd228d5b88f384e2b/orig.mp4?Expires=1771174058&Signature=DRb22GVPtBO6nax8ldqpW9cNOLKL0TtW1hQ7JL66CB5swHc-6frkGGyax4cs20WWSgn-nFHKJAAqrhjv0~YYwLiCcYQ1WbBD3Wn0TdznhD~95Sx2LSK~bMk1ZIoWvGwExhzupHt-0gakDVf3B2i3TqbWJNKjKQHd~nMVahZZHTA4yrjEiUl76dXqYS73CJ~-qrujnBmxQdGEMU62O5P5FWL12mGGbsGeZ8~mV5kTN2MBOKe1jGbjQ5TnnbeD7HNKUSrv6U05obwQ1VecxQU1l6fxRORVreRWU2fD8vYbi5ihR06S1yLRNaD4d11F-H0SqA0rJwvVBl0nCJ5eqOPoDQ__&Key-Pair-Id=KUT5TJCACFTXG","Senate Bill 236, presented by Senator Hayes, would create a one‑time state tax credit to help small aerospace and defense suppliers absorb the initial costs of Cybersecurity Maturity Model Certification (CMMC), a federal requirement for Department of Defense contractors and many subcontractors.

Senator Hayes said CMMC certification costs typically range from $80,000 to $200,000 for an initial assessment and certification and that the requirement can be an onerous, unfunded federal mandate for small suppliers. The committee substitute narrows eligibility and clarifies that the credit applies to compensation paid to employees while they earn initial certification and that the credit is limited to the initial certification only.

Under the version discussed in committee, the credit would cover up to 50% of qualifying compensation paid to employees needed to achieve initial CMMC compliance, with a $50,000 maximum per company and a total program cap of $7.5 million. The bill contains a five‑year sunset for the program and an individual company cap of $50,000. Department witnesses estimated between 75 and 150 companies would likely be eligible in Oklahoma, among roughly 1,100 aerospace companies statewide.

Grayson Artis, executive director of the Oklahoma Department of Aerospace and Aeronautics, told the committee the tax credit is designed to keep the state’s supplier base engaged in defense contracting and to prevent small suppliers from exiting the market because of certification costs. Committee members asked detailed questions about eligibility (whether a business must hold a DOD contract or be an existing subcontractor), definition of compensation, whether the credit would apply to contractor fees, and whether the measure risks repeated state support for federally driven compliance. The director and the author said the credit is limited, temporary and targeted to initial certification costs only.

Senator Hayes asked to lay the bill over so staff can refine definitions and application mechanics; the committee agreed to lay the measure over for further work.","Senate Bill 236 would create a one‑time tax credit to offset initial Cybersecurity Maturity Model Certification (CMMC) costs for small aerospace and defense suppliers; sponsors described a $50,000 per‑company cap, a $7.5 million program cap and a five‑year sunset. The committee laid the measure over for more drafting.",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6326451,"Committee approves joint interim committee to study alternatives to local property taxes",1346,4330000,5676000,"/Search/View?dp=1&key=2324453-efef2a187fd471056237448a1dd3fb9a&start=4330&end=5676","https://assets.pipeline.soar.com/2324453-efef2a187fd471056237448a1dd3fb9a/thumbnail_4330000.jpg","/articles/6326451/Oklahoma/Committee-approves-joint-interim-committee-to-study-alternatives-to-local-property-taxes","https://secure.pipeline.soar.com/6326451-c2b4b55c27b24c5c2d742c61fd0a2e0d/orig.mp4?Expires=1771174058&Signature=XzqnAepLvhZZEQ4IxGyznX7PVsuz6d-mx8qq9t78NJudJWwJTyGUztUBJOfJwv5s159JDG6LaGZs6OOELixFctCEYr1VBeMq7j6ZlYVtfl3oQ7f5EFWRnaHUWyoxdFs6AawM-aGYhgc0sqS0d284awtTsUzMGYey64wKBCLteOQuNoqPj2o36X5cImNUnXEIs5qVoxEuj-HAWZfmKQ~~3jH~RB1w2gbE4Yv4P-gA5BRDgH6uK97xUOkpUZhbOVgQnqHEQABBr24YYXfeQ5r7Oa-5wdp4je1wFyVo0Qb3tniDLlFfhuBnI9S6XRtVEwCExqmxuv8sbbv1Vr9Up9Pw2w__&Key-Pair-Id=KUT5TJCACFTXG","Senate Bill 11‑21, authored by Senator Ron Devers, was approved by the Revenue and Taxation Committee to create a joint interim committee charged with studying alternatives to local ad valorem (property) taxes. The committee voted 8‑3 to advance the bill after discussion and proposed amendments.

Devers told the panel the task force would analyze alternatives to local property taxes and quantify what replacement tax rates or revenue streams would be required should the Legislature choose to reduce or eliminate ad valorem taxes at the local level. He said he would amend the bill to decouple it from a related resolution (SJR 12) so the study can stand alone.

Committee members asked about transparency and staffing. Senator Kurt asked whether the committee's report would be public and whether task‑force meetings would be subject to the Open Meetings Act; Devers said he would add language to ensure electronic submission of the written report and an open meetings commitment. Members also discussed whether the pro tempore and speaker should be directed to select members that ensure bipartisan representation; Devers said he intended to leave appointments to leadership discretion but was open to amendments.

Other questions examined who would do the research and whether the task force would impose any local fiscal changes directly. Devers said House and Senate staff would support the committee and stressed the committee would provide recommendations to the Legislature; any policy changes would be for future legislatures to consider.

On a roll call, the clerk recorded 8 ayes and 3 nays and the chair declared the bill passed with the title stricken pending further amendment.","Senators approved Senate Bill 11‑21 to establish a joint interim committee of five senators and five representatives to study alternatives to local ad valorem taxes; members debated transparency, staffing, open‑meetings requirements and whether the measure should be decoupled from a proposed constitutional amendment.",{"_33":113,"_35":36,"_37":38,"_39":114,"_41":115,"_43":116,"_45":117,"_47":118,"_49":119,"_51":120,"_53":121,"_55":56,"_57":58,"_59":122,"_61":62,"_63":64,"_65":123,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6326456,"Panel approves bill to return excess school sinking‑fund balances to taxpayers; debate focuses on incentives and bond timing",1505,2698000,4203000,"/Search/View?dp=1&key=2324453-efef2a187fd471056237448a1dd3fb9a&start=2698&end=4203","https://assets.pipeline.soar.com/2324453-efef2a187fd471056237448a1dd3fb9a/thumbnail_2698000.jpg","/articles/6326456/Oklahoma/Panel-approves-bill-to-return-excess-school-sinkingfund-balances-to-taxpayers-debate-focuses-on-incentives-and-bond-timing","https://secure.pipeline.soar.com/6326456-854b271684d477cf0fd3ff3c7407777f/orig.mp4?Expires=1771174058&Signature=f4RSx7EnXySvg2GEd3YUZIUishteXLFHRJZJKU60crwCh94TMU5G3TsKkGg-jRqJT4Aor1QC8gH4VFq6iSzddDuGTNzpLDpkrJ5otlf2iy0zjcwawsKF7t-gZxayamxi8nGMsZW28EQ0dJXYdFVU0vL7Ig1sUsmEyehBsUOuOgELjzyRWqyzi9AFyd~E68Zx-3ZqKhXFxxIDQhtaHpbYilAA5DgPXzzFgLtHXZu34zOHhSbctl2inmHO~zGvE6dL89l-eAV5zIl957QKeUu4-zwkYn0LGPd0RTBOKDJlEpt07tCmYABHM2~V-Djl9XpR5Z0EXX869QETMExx7MdFKA__&Key-Pair-Id=KUT5TJCACFTXG","The Revenue and Taxation Committee advanced Senate Bill 11‑24 after extended debate about how school sinking funds should be handled when they exceed what is needed to redeem outstanding bond debt. The committee recorded a 6‑5 vote to pass the bill as amended.

Senator Zachary, the bill’s author, told the committee the bill would require that once a school district has “met sufficient funds for the year to pay their existing bond debt, the rest must be returned to the taxpayer annually like agreed upon in their original bond proposal.” Zachary said the measure is intended to increase transparency for taxpayers and to honor the original bond promises voters approved.

Committee members raised multiple concerns during the discussion. Senators asked whether the measure would discourage districts from paying off bonds early (there was disagreement among members about whether the bill forces early redemption), how series bonds and multi‑year financing would be affected, and whether the bill could leave districts exposed to judgments or sudden decreases in assessed value after a disaster. Senator Gillespie and others asked what incentive districts would have to redeem bonds early if redemption could trigger a delay before they could seek a new bond; Zachary replied that paying off debt early is not prohibited and that he viewed the measure as promoting transparency rather than imposing a moratorium.

Senator Kurt noted the bill’s proposed penalty for noncompliance: a 5% reduction in state aid to districts that misused excess sinking funds. Committee members debated whether that penalty is proportionate — Kurt said for large systems, the impact could be millions of dollars — and Zachary said he was open to further discussion on penalty design.

Other technical questions addressed sinking‑fund uses (the author said sinking funds are designated for debt and capital improvements and cannot be used for salaries), whether sinking funds can cover judgments if insurance is insufficient (yes, the author said), and how the bill would interact with series bonds and periodic revenue volatility from growth, judgments settled after litigation, or oil and gas valuations.

After debate, the clerk recorded the roll call with 6 ayes and 5 nays. The committee chair declared Senate Bill 11‑24 passed as amended and the bill will move forward for further consideration.","The Revenue and Taxation Committee approved Senate Bill 11‑24, a measure that would require excess sinking‑fund balances related to school bond debt be returned to taxpayers; senators debated series bonds, incentives to pay off debt early, and a proposed 5% state‑aid penalty for noncompliance before advancing the bill 6–5.","actionData","errors"]

Article not found

Committee advances bill to require in‑lieu payments when Commissioners of the Land Office owns 10% or more of a county

Votes at a glance: committee advances several technical and programmatic tax measures

Committee lays over tax‑credit bill for small aerospace and defense suppliers facing CMMC costs

Committee approves joint interim committee to study alternatives to local property taxes

Panel approves bill to return excess school sinking‑fund balances to taxpayers; debate focuses on incentives and bond timing