OK SB123

Modifies the Tax Commission Reimbursement Fund to allow revenue from fees and penalties to support enforcement of tax provisions rather than only electronic reporting requirements.

Requires the Oklahoma Tax Commission to conduct hearings related to sales and use tax permits in at least two locations within the state and add 10 additional sales and use tax audit and enforcement personnel by July 1, 2011.

Directs the Tax Commission to initiate a compliance program on or after July 1, 2011 that includes increased assignment of audit staff to conduct audits of corporate and partnership income tax returns.

Authorizes the Tax Commission to use direct deposit and card-based disbursement systems in lieu of checks or warrants for issuing individual income tax refunds, and allows the Commission to contract with entities to implement the card-based system while restricting the release of full social security numbers.