Oklahoma legislation · 2026 Regular Session
Oklahoma SB1387: Sales and use tax; allowing the value of vehicle sold to be deducted from sales tax on vehicle purchase. Effective date.
Status: In committee, March 2, 2026
What the bill says
An Act relating to motor vehicles; amending 68 O.S. 2021, Sections 1355 and 1404, as amended by Sections 1 and 2, Chapter 370, O.S.L. 2023 (68 O.S. Supp. 2025, Sections 1355 and 1404), which relate to sales and use tax exemption; expanding exemption for vehicles to include vehicles sold within a certain period for purposes of calculating tax on vehicle purchase; updating statutory language; and providing an effective date.
From the introduced text, December 30, 2025:
An Act relating to motor vehicles; amending 68 O.S. 2021, Sections 1355 and 1404, as amended by Sections 1 and 2, Chapter 370, O.S.L. 2023 (68 O.S. Supp. 2025, Sections 1355 and 1404), which relate to sales and use tax exemption; expanding exemption for vehicles to include vehicles sold within a certain period for purposes of calculating tax on vehicle purchase; updating statutory language; and providing an effective date. SECTION 1. AMENDATORY 68 O.S. 2021, Section 1355, as amended by Section 1, Chapter 370, O.S.L. 2023 (68 O.S. Supp. 2025, Section 1355), is amended to read as follows: Section 1355. There are hereby specifically exempted from the tax levied pursuant to the provisions of Section 1350 et seq. of this title: 1. Sale of gasoline, motor fuel, methanol, "M-85" which is a mixture of methanol and gasoline containing at least eighty-five percent (85%) methanol, compressed natural gas, liquefied natural gas, or liquefied petroleum gas on which the Motor Fuel Tax motor Req. No. 2431 Page 1 fuel tax, Gasoline Excise Tax gasoline excise tax, Special Fuels Tax special fuels tax, or the fee in lieu of Special Fuels Tax special fuels tax levied in Section 500.1 et seq., Section 601 et seq. or Section 701 et seq. of this title has been, or will be paid; 2. For the sale …
Sponsors
- Darcy Jech (R, SD-026) · primary sponsor
Latest actions
- : Coauthored by Representative Newton (principal House author)
- : Referred to Appropriations
- : Reported Do Pass Revenue and Taxation committee; CR filed
- : Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee
- : Authored by Senator Jech
- : First Reading
Votes
- Senate Revenue & Taxation Committee (February 23, 2026): 10 yea, 2 nay, passed
Subjects: Taxation, Motor Vehicles
Common questions
- What is SB1387?
- SB1387 is a bill in the Oklahoma Legislature (2026 Regular Session): Sales and use tax; allowing the value of vehicle sold to be deducted from sales tax on vehicle purchase. Effective date.
- What does SB1387 do?
- In its own words: An Act relating to motor vehicles; amending 68 O.S. 2021, Sections 1355 and 1404, as amended by Sections 1 and 2, Chapter 370, O.S.L. 2023 (68 O.S. Supp. 2025, Sections 1355 and 1404), which relate to sales and use tax exemption; expanding exemption for vehicles to include vehicles sold within a certain period for purposes of calculating tax on vehicle purchase; updating statutory language; and providing an effective date.
- What is the status of SB1387?
- In committee as of March 2, 2026. Latest action: Coauthored by Representative Newton (principal House author) (March 2, 2026).
- Who sponsored SB1387?
- Darcy Jech (R, SD-026).
- Where is the official record for SB1387?
- On the Oklahoma Legislature website: https://www.oklegislature.gov/BillInfo.aspx?Bill=SB1387&Session=2600
Source: official Oklahoma record. Tracked by Delilah, AI for legislation across all 50 states and Congress.