Oklahoma Governor Kevin Stitt has signed into law legislation that makes several changes to the state’s medical marijuana tax laws.
Filed by State Representatives John Pfeiffer and sponsored in the Senate by Senator Dave Rader, House Bill 2289 was signed into law today by Governor Stitt. It passed the Senate on April 20 by a vote of 44 to 2, and it passed the House a month prior, 92 to 1.
According to its official summary HB 2289 updates numerous provisions in the tax code by:
• providing that the response deadline for taxpayers responding to certain notices from the Oklahoma Tax Commission (OTC) is based on the date indicated on the notice rather than the mailing date of the notice;
• providing that all proceedings and confidential information submitted for a tax appeal will held in closed court and is not subject to public disclosure;
• requiring the OTC to file tax warrants with county clerks electronically;
• replacing references to the Oklahoma State Department of Health with the Oklahoma Medical Marijuana Authority with regards to the collection of marijuana taxes;
• requiring applicants for sales tax permits to be at least 18 years old, provided a guardian may apply for the permit on behalf of a minor;
• requiring special event organizers to submit information on events vendors;
• modifying the procedures for and clarifying the statutes of limitations for claims for refund;
• establishing a $1000 fee for employers that file a late annual reconciliation for withholding taxes; and
• requiring county treasurers to notify the OTC when a tax lien sale property sells for more than the ad valorem taxes owed in order to determine if the property has other outstanding tax liabilities.
You can view the full text of House Bill 2289 by clicking here.
