Oklahoma legislation · 2026 Regular Session
Oklahoma HB1834: Revenue and taxation; creating the Inhofe Disaster Savings Account Act; income tax; effective date.
Status: In committee, February 2, 2026
What the bill says
From the engrossed text, March 12, 2025:
ENGR OSSED HOUSE BILL NO. 1834 By: Hefner and Deck of the House and Frix of the Senate [ revenue - taxation - account - definitions - deduction - income - contributions - amounts - limitations - tax - death - Oklahoma Tax Commission - notice - codification - effective date ] BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 2387 of Title 68, unless there is created a duplication in numbering, reads as follows: This act shall be known and may be cited as the "Inhofe Disaster Savings Account Act". SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 2388 of Title 68, unless there is created a duplication in numbering, reads as follows: As used in the Inhofe Disaster Savings Account Act: 1. "Disaster savings account" means a regular savings account or money market account established by an insurance policyholder for ENGR. H. B. NO. 1834 Page resi dential property in this state to cover an insurance deductible under an insurance policy for the taxpayer's primary residence that covers hurricanes, rising floodwaters, tornadoes, hail, or other catastrophic windstorm event damage, or by an individual to cover self-insured losses …
Sponsors
- Forrest Bennett (D, HD-092)
- Jared Deck (D, HD-044)
- Mark Mann (D, SD-046)
- Ellyn Hefner (D, HD-087) · primary sponsor
Latest actions
- : Coauthored by Senator Mann
- : Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee
- : Coauthored by Representative Bennett
- : First Reading
- : Engrossed, signed, to Senate
- : Referred for engrossment
- : Third Reading, Measure passed: Ayes: 58 Nays: 25
- : Coauthored by Representative(s) Deck
- : General Order
- : Title stricken
Votes
- Third Reading (March 11, 2025): 58 yea, 25 nay, passed
- Appropriations and Budget Committee (March 4, 2025): 31 yea, 0 nay, passed
- Appropriations and Budget Finance Subcommittee (February 20, 2025): 9 yea, 0 nay, passed
Common questions
- What is HB1834?
- HB1834 is a bill in the Oklahoma Legislature (2026 Regular Session): Revenue and taxation; creating the Inhofe Disaster Savings Account Act; income tax; effective date.
- What is the status of HB1834?
- In committee as of February 2, 2026. Latest action: Coauthored by Senator Mann (February 2, 2026).
- Who sponsored HB1834?
- Ellyn Hefner (D, HD-087), with 3 co-sponsors.
- Where is the official record for HB1834?
- On the Oklahoma Legislature website: https://www.oklegislature.gov/BillInfo.aspx?Bill=HB1834&Session=2600
Source: official Oklahoma record. Tracked by Delilah, AI for legislation across all 50 states and Congress.