April 23, 2012

January 01, 1970

Good Morning,

This past week House and Senate bills continued being heard in the opposite chamber. Thursday, April 26, is the deadline for bills to be considered in the opposite house. Those bills not being heard
on the respective floors will be dead for this legislative session.

Speaker Kris Steele said early adjournment isn't likely with lawmakers still having to tackle developing a state budget and agreeing on cutting
the personal income tax next year.

Appropriations Process

Each session the appropriations committees of the Senate and the House of Representatives review the agencies’ requests for funding, which were submitted to the Office of State Finance and the
Legislature prior to September. Governor Fallin’s recommendations were proposed on the first day of session. The appropriations committees of each house work in subcommittees separated by issue areas.

Generally toward the end of session the Legislature will approve a General Appropriations (GA) Bill to provide base budgets of all agencies. At this point, the Legislature refines its priorities
to reflect the limited monies available.

GCCA

The General Conference Committee on Appropriations, or GCCA makes final spending decisions by the Legislature. GCCA is structured much like the standing appropriations committees of each house,
with subcommittees responsible for a group of agencies that perform similar functions. A key distinction of the GCCA is that its membership consists of House and Senate members. The two houses negotiate spending priorities and produce a unified budget together.

The first step of the GCCA consists of the House and Senate leadership agreeing on how much of the total budget is allocated to the GCCA subcommittees. This agreement is known as subcommittee
allocations. Once these allocation amounts are set, the subcommittees negotiate on the funding needs identified by the agencies within each subcommittee.

The Oklahoma Constitution mandates that each fiscal year’s budget be balanced. As a safeguard against revenue shortfalls, the Oklahoma Constitution states that appropriations cannot exceed 95%
of projected revenues.

Bond Talk in 2012

There are several bond proposals that are being discussed in the final weeks of the legislative session. It appears there is no agreement on the proposals listed below, but wanted you to be aware what is being
discussed.

OK Pop Museum

Legislative leaders are also discussing a $42.5 million bond issue to fund a state Museum of Music and Popular Culture in Tulsa’s Brady District. The museum, which has been given the nickname "OK Pop," will be
a 67,000-square-foot facility celebrating the music and pop culture contributions of the area to the nation.

Native American Indian Cultural Center

The Native American Cultural and Educational Authority is seeking an additional $40 million in state bond funds from lawmakers to complete the American Indian Cultural Center and Museum in Oklahoma City. The project
has secured $40 million in matching donations from tribes, private industry and the city of Oklahoma City. If the state does not provide the $40 million, the $40 million in matching dollars will be returned to the donors. Construction on the museum began in
2005. The $170 million project is located at the intersection of Interstate 35 and Interstate 40 in OKC.

Capitol Repair Bond

Lawmakers are being encouraged to support a $160 million bond issue to repair and restore Oklahoma's crumbling
state Capitol. Actual repair and restoration work is estimated to cost $100 million. The other $60 million would be for relocation of offices and other costs. If lawmakers propose a bond issue, they would
have to agree to set aside enough money to make debt payments for the upcoming fiscal year with the understanding that the annual obligation would be around for the next 20 to 30 years.

Below are updates on bills that action occurred this past week or bills that action is scheduled this week.

Personal Income Tax Reduction

Please note the title is OFF all the tax bills, as their ultimate fate will be determined during the budgeting process
later in session.

Governor Fallin’s Plan: Income Tax Brackets – HB 3061 by
Speaker Kris Steele, R-Shawnee, and Senate Pro Tempore Brian Bingman, R-Sapulpa, calls for reducing the number of brackets in the personal income tax code from seven to three. HB 3061
is set on the Senate floor agenda to be heard this week.

Personal Income Tax Phase Out – HB 3038 by Rep. Leslie Osborn, R-Mustang, and
Senator Clark Jolley, R-Edmond, also referred to as the OCPA/Laffer Plan, would reduce the state's top income tax rate to 4.95 percent from 5.25 percent. Additional
reductions of 0.25 percentage points would be made if the state experienced 5 percent revenue growth in sales, use, motor vehicle and corporate income taxes. The floor substitute for HB 3038 passed the Senate 31 to 15, and now returns to the House and then
will go to a conference committee.

Other Tax Matters

Please note the title is OFF all the tax bills, as their ultimate fate will be determined during the budgeting process
later in session.

Transferability of Tax Credits – HB 2621 by Rep. Dennis Johnson and Senator Mike Mazzei modifies
provisions for transferability of tax credits including wind turbines, railroad expenditures, and energy efficient residences. HB 2621 set on the Senate floor agenda for Monday, April 23.

Corporate Tax Credits – HB 2978 by Rep. David Dank and Senator Mike Mazzei, which
sets criteria for future corporate tax credits to be issued. Under the measure, all tax credits would require pre-approval by the Legislature; tax credits would be subject to full transparency and to regular auditing by the state auditor and inspector's office;
proposed tax credits would have to be accompanied by a fiscal impact statement detailing how it would affect the state budget; and all tax credits would be subject to caps and specific termination dates. HB 2978 set on the Senate floor agenda for Monday,
April 23.

Oklahoma Development Finance – SB 747 by Senator Rick Brinkley and Rep. Skye McNiel raises
the amount the Oklahoma Development Finance can issue to $200 million for the Economic Development Pool. SB 747 failed to pass the House by a vote of 49 to 39 and is now dead for this session.

Oklahoma Capital Investment Act Tax Credits: The Committee substitute for SB1159 by Senator Tom Adelson and Rep. Earl Sears restores
the amount of tax credits that are issued or transferred under the Oklahoma Capital Investment Act to $100,000,000. The proposed committee substitute further provides that tax credits may be exercised after July 1, 2020 provided the tax credits
were purchased or agreed to be purchased pursuant to an agreement originally entered into no later than December 31, 1995.

Further after the effective date of the act neither the Oklahoma Capital Investment Board nor any entity which is a subsidiary or affiliate
of the Board nor any entity which is controlled either directly or indirectly by the Board or which acts under the authority of or pursuant to the direction of the Oklahoma Capital Investment Board shall enter into or modify any contract authorizing or requiring
the investment of any funds in a general partnership, limited partnership, corporation, limited liability company, private equity or hedge fund or any other lawfully recognized business entity.

The act also requires that within thirty (30) days after the Oklahoma Capital Investment Board or any subsidiary or affiliate of the board
has made payment of any remaining expense or obligation created by the Board or by the subsidiary or affiliate, pursuant to the terms of any promissory note, loan agreement, guaranty agreement, investment agreement or other contract or agreement, any remaining
monies paid to either the Oklahoma capital Investment Board or any subsidiary or affiliate of the Board pursuant to the terms of an agreement or contract entered into prior to the effective date of this act shall be paid by the Board or by its subsidiary or
affiliate to the General Revenue Fund of the State Treasury.

The act further provides that none of the provisions of the act shall alter, amend, modify, affect, diminish or impair the enforceability
of, or any obligation or liability of the Oklahoma Capital Investment Board or any entity which is a subsidiary or affiliate of the Oklahoma Capital Investment board or any entity which is controlled either directly or indirectly by the Oklahoma Capital Investment
Board under any contract, agreement, guarantee or instrument entered into or delivered by such party with any business entity or bank, financial institution or any other entity existing as of the effective date of this act, including, without limitation, any
guarantee extended by the Oklahoma Capital Investment Board and any assignment of any third party commitments to purchase, and proceeds released from the sale of tax credits, all of which shall remain in full force and effect. SB
1159 is set on the House agenda for Monday, April 23.

Transportation

Size and Weight Requirements: House Bill 1952 by Rep. Skye McNiel and Senator Gary Stanislawski separates
and clarifies the duties of the Corporation Commission with regard to size and weight enforcement. The measure establishes that Corporation Commission employees are authorized to enforce size and weight requirements at stationary and permanent
scale facilities. The measure repeal 47 O.S. Section 172.1 relating to the qualifications for enforcement officers. HB 1952 restricts the Corporation Commission’s motor vehicle enforcement duties to permanent weigh stations. According
to officials at the Commission, the fiscal impact of the measure, as written, would be around $1 million in lost fines and penalties. HB 1952 is set on the Senate agenda for Monday, April 23.

Level Weighing: House Bill 2250 by Rep. T.W. Shannon and Senator Bryce Marlatt provides that any officer weighing a vehicle
for overweight determination by means of portable scales shall allow the driver of the vehicle to move the vehicle to the most level weighing area available within two (2) miles of the stop.
HB 2250 is set on the Senate agenda for Monday, April 23.

The other transportation bills awaiting a hearing on the Senate and House floors this week include:

HB 2248 – ROADs funding bill

HB 2249 – County Bridge bill

SB 1256 – ROADs funding bill

SB 1642 – County Bridge bill

SB 1643 – ROADs funding bill

HB 2390 – Weigh Station bill

HB 2391 – Weigh Station bill

SB 1144 – Weigh station bill

SB 1336 – LUST fund sunset

Banking

Bad Faith – SB 1475 by Senator Rob Johnson and Rep. Fred Jordan creates
the Service Warranty Act and requires persons acting as a service warranty association to be licensed by the Insurance Commissioner. An insurer authorized to transact property or casualty insurance is authorized to transact a service warranty business without
additional licensure. The measure provides requirements for application of a license and allows for an annual renewal of the license upon payment of a $400 fee. The Commissioner is authorized to revoke or suspend a license if it is determined
that the association has violated any lawful rule or order of the Commissioner or provision of the Act and immediately suspend the license in other circumstances. SB 1475 passed the House 83 to 2 and has been sent the Governor.

Insurance

House Bill 1968 by Rep. Glen Mulready and Senator Mike Brown makes it unfair claim settlement practice for any insurer, among other prohibited actions,
to decline to accept an application for life insurance, terminate a policy of life insurance, or charge different rates, in certain circumstances, based upon the lawful travel destination of the insured claimants. HB 1968 passed the Senate 43 to 1 and has
been sent to the Governor.

Agriculture

Oklahoma Department of Agriculture, Food, and Forestry Oversight: House Bill 2264 by Rep. Doug Cox and Senator Kim David removes from licensure of
facilities using dogs and cats from animal shelters for scientific and educational activities from oversight of the State Board of Health and gives oversight to the Oklahoma Department of Agriculture, Food, and Forestry. The measure requires that effective
November 1, 2012; all records maintained by the State Board of Health must be transferred to the Oklahoma Department of Agriculture, Food, and Forestry. HB 2264 unanimously passed the Senate and is headed to the Governor’s desk.

Pesticide Application: House Bill 2715 by Rep. Mike Jackson and Senator Patrick Anderson allows the State Board of Agriculture to suspend, cancel,
revoke or refuse to issue a pesticide applicator license if a person negligently used methods or pesticides that are ineffective or improper or has operated in a negligent manner, thereby causing a pesticide to drift off target. HB 2715 passed the Senate
42 to 3 and now heads to the Governor’s desk.

Judas Pig Tagging System: Senate Bill 1751 by Senator Josh Brecheen and Rep. Don Armes calls for fitting
one feral hog with a radio collar and releasing the animal back into the wild. The Judas pig would help lead hunters to the rest of the herd. The bill has been signed into law by Governor Fallin and will go into effective Nov. 1, 2012.

Public Health

House Bill 2941 by Rep. David Derby and Senator Rick Brinkley would
limit daily purchases of pseudoephedrine to 3.6 grams. Pseudoephedrine is a common ingredient in cold and allergy medicines. The measure would limit monthly purchases to 7.2 grams from 9 grams and reduce the amount allowable in a year to 60 grams from 108
grams. The measure also would set up a system so that purchases across state lines could be tracked and Oklahoma would join a system used in 21 other states. The
system would also integrate the meth offender registry, so pharmacies would be able to block the sale of the drug immediately to any felon on the registry. The state's current tracking system is not integrated with the meth registry, which lists offenders
who can't legally purchase the drug. HB 2941 passed the Senate 46 to 1 and now goes back to the House to consider Senate amendments.

The other health bills awaiting a hearing on the Senate and House floors this week include:

HB 3058 – Hospital Residency bill

SB 1280 – Hospital Residency bill

DHS Legislation

House Bill 2251 Rep. Pam Peterson and Senator Kim David requires an investigation to be conducted when the Department of Human Services identifies
a drug-endangered child. HB 2251 has been signed by the Governor and takes effect Nov. 1.

HB 2736 by Rep. Ron Peters and Senator Rick Brinkley authorizes the Department of Human Services (DHS) to provide information
to a federally recognized Indian tribe that is relevant to any individual who has applied to become a foster care, adoptive or guardianship placement through the tribe. The measure requires DHS to contract with private child-placing agencies
for the recruitment, training and retention of foster care services. DHS will retain responsibility for child abuse and neglect investigations, referrals to law enforcement, participation in the court system, case management and adoptions. The
measure establishes a steering committee responsible for submitting to the Legislature an advisory plan for the outsourcing of recruitment, training and retention of foster care providers and to monitor the implementation of the plan and make recommendations
on the implementation of outsourcing statewide. HB 2736 passed the Senate 37 to 1.

HB 3133 by Rep. Jason Nelson and Senator Greg Treat authorizes
the Oklahoma Commission on Children and Youth to employ administrative law judges to preside over DHS cases that are child-welfare and foster-care related. The measure also transfers relevant administrative law judges from DHS to the Commission on Children
and Youth to avoid a conflict of interest in having DHS judges preside over agency cases. HB 3133 passed the Senate 43 to 0.

HB 3134 by Rep. Jason Nelson and Senator
Greg Treat authorizes modifies the organizational structure of DHS so that administrators responsible for the development of policies will also be responsible and accountable to ensure procedures are being followed correctly. HB 3134 unanimously passed
the Senate.

HB 3135 by Rep. Jason Nelson and
Senator Greg Treat authorizes provides that DHS is not prohibited from disclosing information concerning alleged child abuse or neglect, already made public by a law enforcement agency, when the disclosure is limited to confirmation of the child's safety
and whether the child has been taken into custody. HB 3135 unanimously passed the full Senate.

HB 3136 by Rep. Jason Nelson and Senator Greg Treat authorizes directs DHS to develop a certification process for child
welfare workers. HB 3136 unanimously passed the full Senate.

HB 3137 Rep. Jason Nelson and Senator Greg Treat authorizes
gives the Legislature statutory authority to oversee the Human
Services Commission if voters approve HJR 1092. Nelson said approval of the constitutional amendment would allow legislators to make adjustments without having to seek voter approval. HB
3137 is set on the Senate floor agenda for Monday, April 23.

House Joint Resolution 1092 Speaker Kris Steele and Senator Greg Treat authorizes is a constitutional amendment asking
voters in November to approve repealing the Commission for Public Welfare, which was approved by voters in 1936 to oversee DHS. The commission has nine members, each of who is appointed to a nine-year term. HJR1092 is set on the Senate floor agenda for
Monday, April 23.

Workers’ Compensation

HB 2155 by House Speaker Kris Steele and Senate Pro Tempore Brian Bingman creates
the Oklahoma Employee Injury Benefit Act. The measure authorizes any employer to voluntarily elect to be exempt from the Workers’ Compensation Code and elect to become a qualified employer by satisfying several requirements. The Insurance Commissioner will
collect and maintain the qualified employer’s information, maintain compliance and may require the employer to confirm its qualified employer status. House Bill 2155 passed by a vote of 28-17 and returns
to the House for their consideration of Senate amendments.

HB 2258 by Rep. Ben Sherrer and Senator Sean Burrage requires
the Oklahoma Tax Commission, Department of Labor, Workers’ Compensation Court and Employment Security Commission to share information and coordinate investigative and enforcement efforts to detect employers who intentionally misclassify individuals as independent
contractors. Such agencies are authorized to create a secure database of information and to enter into contracts and interagency agreements. HB 2258 is scheduled to be heard on the Senate floor on Monday, April 23.

HB 3074 by Rep. Joe Dorman and Senator Rob Johnson permits
hospitals to file liens against uninsured/underinsured motorist proceeds. When a patient is injured from an accident not covered by the Workers’ Compensation Code, the committee substitute for HB 3074 requires hospitals to have a lien, if the injured person
asserts a claim against an insurer, for the amount of service upon any monies payable by the insurer to the injured person. However, the lien will not be inferior to any lien or claim of any attorney for handling the claim on behalf of such patient or heirs,
provided that the lien will not be applied against any claim for amounts due under the Workers’ Compensation Code. The passed the Senate 38 to 2 and has been sent to the Governor.

SB 1246 by Senate Pro Tempore Brian Bingman and Rep. Fred Jordan requires
pending workers' compensation proceeding to be stayed until the final disposition of the criminal case in the event a claimant is charged with workers' compensation fraud. The bill is scheduled
to be heard on the House floor on Monday, April 23.

SB 1520 by Senate Pro Tempore Brian Bingman
and Rep. Fred Jordan requires persons receiving disability benefits to file affidavit 12 months after receipt of first
benefit; requires Workers' Compensation Court to inform employees that they shall comply with requirements; updates statutory references. A committee substitute was approved by the House Judiciary Committee (9 to 5) that adds language
from a House bill that died in the Senate that would change language about the type of MRIs in workers' compensation. SB 1520 is scheduled to be heard on the House floor on Monday, April 23.

Energy & Natural Resources

Landowners’ Bill of Rights – HB 1562 by
Rep. Fred Jordan, R-Jenks, and Senator Greg Treat, R-Oklahoma City, directs the Attorney General to prepare a “Landowner’s Bill of Rights” for a property owner whose property may be acquired
by eminent domain. The Landowner Bill of Rights will include relevant information and procedures regarding a property owner’s rights in an eminent domain action, written in plain language, and made available to the public. The measure provides that failure
to comply with the statutory duties and requirements relating to eminent domain and condemnation procedures and policies will invalidate the acquisition of the property and provides for a cause of action for such failure to comply. HB 1562 is set on the
Senate agenda for Monday, April 23.

Water

Gray Water – HB 2835 – Also passing the House was House Bill 2835 by Rep Scott Martin and Sen Bryce Marlatt, which would
give homeowners more flexibility to reuse gray water — untreated household wastewater not from a toilet or a kitchen sink — on their property. HB 2835 is
set on the Senate agenda for Monday, April 23.

Community Water Infrastructure Development Fund – HB 2929 by Rep. Don Armes and Senator Bryce Marlatt requires the Oklahoma
Water Resources Board to transfer fifty percent of the Community Water Infrastructure Development Fund monies to the Statewide Water Development Revolving Fund. The measure deletes the requirement that a portion go to the Oklahoma Comprehensive Water Plan. HB
2929 is set on the Senate agenda for Monday, April 23.

Water for 2060 Act – HB 3055 by Speaker Kris Steele and Senator Eddie Fields creates the Water for 2060 Act and the
15-member Water for 2060 Advisory Council to recommend more efficient practices related to water and to expand education programs for consumer water-use habits. It also adds projects that promote efficiency, recycling and reuse of water to the list of possible
pilot projects funded by the program. HB 3055 failed to pass the Senate by a 23 to 18 vote. Senator Fields held the motions to reconsider. HB 3055 passed the Senate 32 to 10.

Temporary Groundwater Permit - Senate Bill 1043 by Senator Marlatt and Rep. Scott Martin provides August 29,2003 as the effective
date for moratorium on issuance of any temporary permit to municipal use of groundwater from a sensitive sole source groundwater basin or any overlaying sub basin. SB 1043 has been signed into law by the Governor.

OWRB Appropriation: The committee substitute to SB 1328 by Senator Brian Crain and Rep. Phil Richardson makes it the intent of the Legislature to appropriate an additional annual appropriation to the Oklahoma
Water Resources Board for a permanent statewide water quality and quantity monitoring program and a nonpoint source water quality monitoring program maintained by the Oklahoma Conservation Commission to assess resources over the next 50 years. SB 1328 is set
on the floor agenda for Monday, April 23.

GRDA Transmission Participation: The committee substitute to SB 1506 by Senator Eddie Fields and Rep. Weldon Watson authorizes the Grand River Dam
Authority (GRDA) to participate in the Southwest Power Pool Integrated Marketplace or other programs established by a regional transmission organization of which it is a member. It also authorizes the GRDA to engage in the buying and selling of electricity
products, fuel commodities and financial instruments and specifically excludes any expansion of retail activities of the district. The measure directs the board of directors to adopt a hedging policy to enable the district to take advantage of standard market
products to reduce risk while preventing speculative trading and potential abuses. SB 1506 passed the House 77 to 7.

Education

GPA Requirement – House Bill 2244 by Rep.
Lee Denney unanimously passed the Senate Education Committee. HB 2244 changes the grade point average requirement for alternative placement teaching certificates from cumulative to retention. HB 2244 has been signed into law by the Governor.

AP Courses – House Bill 2494 by Rep. Lee Denney and Senator James Halligan specifies
that participation and scores in Advanced Placement courses whether taught at a high school, technology center or regional site of the Oklahoma School of Science and Mathematics will be used to help determine the letter grade a school will receive through
the state’s letter grades for schools system. It also specifies that technology center courses granted college alliance credit and science, technology, engineering and mathematics courses taken at regional sites of the Oklahoma School of Science and Mathematics
also would be used to determine letter grades for schools. The percentage of eligible students pursuing career majors at technology centers and the percentage of all eligible students earning a score of four or higher on any WorkKey assessment developed by
ACT also will help determine a school’s grade. HB 2494 unanimously passed the Senate.

Student Appeal -The latest House Bill 2970 by
Representative Todd Thomsen and Senator Josh Brecheen requires the State Board of Education to establish an appeal process for students who have been denied a standard diploma by a school
district for graduation requirements. A student who has been denied a standard diploma has 30 days after the denial to file a petition for an appeal to the Board. The Board has 45 days to take action on the petition. HB
2970 has been signed into law by the Governor.

2012 Legislative and Election Calendar and Deadlines

April 2012

April 26 – HOUSE & SENATE – Final Legislative Day for Third Reading and Final Passage of a Measure in Opposite House of Origin

May 2012

May 25 – HOUSE & SENATE – Sine Die Adjournment, no later than 5:00 p.m.

June 2012

June 26 – Primary Election

Thank you and have a great week!

Jami

SPIRITBANK AERO BILL TRACKING REPORT 4/23/12
04-23-2012 – 07:53:39

HB 2431

Roan
Barrington

Clarifies language regarding the OSBI's ownership and operation of an aircraft on project or mission basis.

Bill History:

04-19-12 S Set on the Senate Floor Agenda
04-19-12 S Laid out for consideration in the Senate
04-19-12 S Barrington files untimely amendment to restore title
04-19-12 S Title restored
04-19-12 S Passed/Adopted (Vote: Y: 38/N: 0)

HB 2978

Dank
Mazzei

Requires tax credits to identify recipients, create jobs, and limits number of credits allowed to be claimed by one entity.

General Remarks:

Tax
credit vehicle

Bill History:

04-03-12 S Meeting set for 10:30 a.m., Room 511A, State Capitol, Senate Finance
04-03-12 S Title stricken in committee Senate Finance
04-03-12 S Enacting clause struck in committee Senate Finance
04-03-12 S Voted from committee – Do Pass as substituted Senate Finance
04-23-12 S Set on the Senate Floor Agenda

SB 747

Brinkley
McNiel

Raises the amount the Oklahoma Development Finance can issue to $200 million for the Economic Development Pool.

Bill History:

04-16-12 H Laid out for consideration in the House
04-16-12 H Reynolds debates in opposition to the measure; McNiel
debates in favor of the measure.
04-16-12 H Failed to pass (Vote: N: 49/Y: 39)
04-16-12 H Held to reconsider by McNiel the vote by which the bill
failed
04-18-12 H Reconsideration motion expired

SB 1159

Adelson
Sears

Adds Oklahoma Capital Formation Act where needed; Requires a list for all dollars obtained by sale of tax credits from investee
companies and from venture funds be made available to the financial community; EMERGENCY.

Bill History:

03-19-12 H Referred to House Committee on House A&B
04-11-12 H Meeting set for 3:00 p.m., Room 432A, State Capitol, House A&B
04-10-12 H Meeting set for 3:00 p.m., Room 432A, State Capitol, House A&B
04-10-12 H Voted from committee – Do Pass as substituted House A&B
04-23-12 H Set on the House Floor Agenda

SB 1230

Mazzei
Dank

Makes it unlawful for a person to willfully sell, purchase, install, transfer, sell, or possess any automated sales suppression
device, zapper, or phantom-ware; directs the Tax Commission to revoke the sales tax permit if found guilty.

Bill History:

03-28-12 H Enacting clause struck in committee House A&B
03-28-12 H Voted from committee – Do Pass as amended House A&B
04-04-12 H Set on the House Floor Agenda
04-04-12 H Laid out for consideration in the House
04-04-12 H Passed/Adopted (Vote: Y: 90/N: 0)

SB 1235

Mazzei
Dank

Modifies definitions and provides dismissal from OK Quality Jobs Program Act if second payment claim is not filed within two
years of the most recent claim; EMERGENCY.

Bill History:

SB 1436

Mazzei
Dank

Repeals sections of law related to franchise tax.

General Remarks:

Eliminates
Franchise Tax

Bill History:

03-26-12 H Meeting set for 4:30 p.m., Room 412C, State Capitol, House A&B Sub on Revenue and Tax
03-26-12 H Voted from subcommittee-Do Pass House A&B Sub on Revenue and Tax
04-04-12 H Meeting set for 3:45 p.m., Room 432A, State Capitol, House A&B
04-04-12 H Enacting clause struck in committee House A&B
04-04-12 H Voted from committee – Do Pass House A&B

SB 1437

Mazzei
Dank

Modifies income tax rates and brackets; Removes obsolete language.

Bill History:

03-16-12 H First Reading
03-22-12 H Referred to House Committee on House A&B
03-28-12 H Meeting set for 3:45 p.m., Room 432A, State Capitol, House A&B
03-28-12 H Enacting clause struck in committee House A&B
03-28-12 H Voted from committee – Do Pass as amended House A&B

SB 1464

Bingman
McNiel

Adds definitions of certain areas to the Oklahoma Quality Jobs Program; EMERGENCY.

Bill History:

03-30-12 H Returned to full committee House A&B
04-04-12 H Meeting set for 3:45 p.m., Room 432A, State Capitol, House A&B
04-04-12 H Enacting clause struck in committee House A&B
04-04-12 H Voted from committee – Do Pass as amended House A&B
04-23-12 H Set on the House Floor Agenda

SB 1465

Bingman
McNiel

Modifies requirements in the sales tax in regards to direct payment permits for tangible property stored in state temporarily
for fabrication, repair, testing, alteration, maintenance or other services; EMERGENCY.

Bill History:

04-04-12 H Meeting set for 3:45 p.m., Room 432A, State Capitol, House A&B
04-04-12 H Heard in committee and laid over House A&B
04-11-12 H Meeting set for 3:00 p.m., Room 432A, State Capitol, House A&B
04-10-12 H Meeting set for 3:00 p.m., Room 432A, State Capitol, House A&B
04-10-12 H Voted from committee – Do Pass as substituted House A&B

SB 1571

Jolley
Osborn

Modifies income tax rates as of January 1, 2012; Limits ability to claim credits, deductions, exemptions, or exclusions.

General Remarks:

Personal
Income Tax (Laffer)

Bill History:

03-26-12 H Voted from subcommittee-Do Pass as amended House A&B Sub on Revenue and Tax
03-30-12 H Returned to full committee House A&B
04-04-12 H Meeting set for 3:45 p.m., Room 432A, State Capitol, House A&B
04-04-12 H Enacting clause struck in committee House A&B
04-04-12 H Voted from committee – Do Pass as substituted House A&B

SB 1623

Mazzei
Dank

Phases out certain state income tax credits, exemptions, deductions, dividend exclusions and rebates by tax year 2014; Modifies
computation of state taxable income; Removes obsolete language; EMERGENCY.

General Remarks:

Personal
Income Tax proposal

Bill History:

03-14-12 H First Reading
03-19-12 H Referred to House Committee on House A&B
03-28-12 H Meeting set for 3:45 p.m., Room 432A, State Capitol, House A&B
03-28-12 H Enacting clause struck in committee House A&B
03-28-12 H Voted from committee – Do Pass as amended House A&B

SB 1828

Jolley
Martin, Scott

Allows Department of Commerce to develop private-public partnership to further their mission.

Bill History:

04-16-12 H Laid out for consideration in the House
04-16-12 H Reynolds debates in opposition to the bill; Scott Martin
debates in favor of the bill.
04-16-12 H Failed to pass (Vote: N: 49/Y: 40)
04-16-12 H Held to reconsider by Scott Martin the vote by which the
bill failed.
04-18-12 H Reconsideration motion expired

SJR 52

Mazzei
Dank

Sends to a vote of the people a measure exempting personal property from the ad valorem tax or any other tax in lieu of ad
valorem.

General Remarks:

Intangible
Tax issue

Bill History:

03-14-12 H Received in the House
03-14-12 H First Reading
03-19-12 H Referred to House Committee on House Rules
03-28-12 H Meeting set for 10:30 a.m., Room 412C, State Capitol, House Rules
03-28-12 H Voted from committee – Do Pass as amended House Rules

	All		Track
Total Bills:	14		0

- End of Report -

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