OK SB123

Modifies the Tax Commission Reimbursement Fund to allow revenue from fees and penalties to be used for general enforcement of tax provisions, rather than only for electronic reporting requirements and data processing

Requires the Oklahoma Tax Commission to conduct sales tax permit hearings in at least two locations in the state and add 10 additional sales and use tax audit/enforcement personnel as soon as practicable after July 1, 2011

Mandates the Tax Commission initiate a compliance program on or after July 1, 2011 with increased audit staff assigned to conduct audits of corporate and partnership income tax returns

Authorizes the Tax Commission to use direct deposit and card-based disbursement systems (such as debit cards) instead of checks or warrants for issuing individual income tax refunds

Permits the Tax Commission to contract with qualified entities to implement the card-based refund system while prohibiting release of taxpayers' full social security numbers to those contracted entities