Oklahoma Amends Statutes, Extends Oil and Gas Excise Tax Rates

The Oklahoma Governor signed a law amending the state’s statutes governing excise taxes on oil and gas. The law extends the tax rates and the apportionment sunset to July 2031. The law takes effect July 1. [S.B. 1280, enacted 05/01/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.