HB1370 — Corporation Commission plugging fund; extending sunset; excise tax on oil and gas; termination and start dates; sales tax percentage; apportionment; apportionment cap; effective date; emergency.

HB1370 — Corporation Commission plugging fund; extending sunset; excise tax on oil and gas; termination and start dates; sales tax percentage; apportionment; apportionment cap; effective date; emergency. · Informed CitizenryThis bill significantly updates how Oklahoma collects and uses taxes related to oil and gas, focusing on establishing a dedicated fund for emergency environmental cleanups. It modifies the state's…Open in Informed Citizenry