Oklahoma HB2730: Revenue and taxation; interest rate computations; state tax liabilities; effective date.

What the bill says

From the engrossed text, February 25, 2026:

ENGR OSSED HOUSE BILL NO. 2730 By: Kendrix, Maynard, Lepak, Schreiber, Hill, and Hays of the House and Bergstrom of the Senate [ revenue and taxation - tax interest rates - noncodification - effective date ] BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 68 O.S. 2021, Section 217, is amended to read as follows: Section 217. A. If any amount of tax imposed or levied by any state tax law, or any part of such amount, is not paid before such tax becomes delinquent, there shall be collected on the total delinquent tax interest at the rate of one and one-quarter percent (1 1/4%) per month annual rate calculated using Wall Street Prime, as of January 1 of that year, plus three percentage points from the date of the delinquency until paid. B. Interest upon any amount of state tax determined as a deficiency, under the provisions of Section 221 of this title, shall be assessed at the same time as the deficiency and shall be paid upon notice and demand of the Oklahoma Tax Commission at the rate of ENGR. H. B. NO. 2730 Page one and one-quarter percent (1 1/4%) per month annual rate calculated using Wall Street Prime, as of January 1 of that year, plus three percentage points from …

Read the full official text

Sponsors

• Mark Lepak (R, HD-009)
• Brian Hill (R, HD-047)
• Neil Hays (R, HD-013)
• Cody Maynard (R, HD-021)
• Suzanne Schreiber (D, HD-070)
• Gerrid Kendrix (R, HD-052) · primary sponsor

Latest actions

1. April 1, 2026: Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee
2. February 25, 2026: First Reading
3. February 25, 2026: Engrossed, signed, to Senate
4. February 24, 2026: Referred for engrossment
5. February 24, 2026: Third Reading, Measure passed: Ayes: 87 Nays: 11
6. February 24, 2026: Coauthored by Representative(s) Schreiber, Hill, Hays
7. February 24, 2026: General Order
8. February 18, 2026: Authored by Senator Bergstrom (principal Senate author)
9. February 18, 2026: Coauthored by Representative(s) Maynard, Lepak
10. February 18, 2026: Title stricken

Votes

• Third Reading (February 24, 2026): 87 yea, 11 nay, passed
• Floor Vote (February 17, 2026): 30 yea, 0 nay, passed
• Appropriations and Budget Finance Subcommittee (February 6, 2025): 8 yea, 0 nay, passed

Common questions

What is HB2730?

HB2730 is a bill in the Oklahoma Legislature (2026 Regular Session): Revenue and taxation; interest rate computations; state tax liabilities; effective date.

What is the status of HB2730?

In committee as of April 1, 2026. Latest action: Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee (April 1, 2026).

Who sponsored HB2730?

Gerrid Kendrix (R, HD-052), with 5 co-sponsors.

Where is the official record for HB2730?

On the Oklahoma Legislature website: https://www.oklegislature.gov/BillInfo.aspx?Bill=HB2730&Session=2600