SB 1265 Summary

• Changes motor fuel tax due date for licensed bonded importers from the 25th to the 20th of the following month (or next business day if weekend/holiday).

• Modifies motor fuel supplier tax payment deadline from the 27th to the 20th of the following month for taxes on gallons removed during the calendar month.

• Changes gross production tax report delinquency deadline from the 25th to the 20th of the second calendar month following production month.

• Updates statutory references in motor fuel tax code sections from generic cross-references to specific Oklahoma Statutes citations (e.g., "Section 500.4 of this title").

• Effective date of November 1, 2012.