HB 1874 Summary

• The Oklahoma Tax Commission may enter into agreements with municipalities to collect municipally imposed lodging taxes on their behalf.

• Any municipality entering such an agreement must adopt a resolution expressing its intent to allow the Oklahoma Tax Commission to serve as the collecting agent for the tax.

• The Oklahoma Tax Commission may require municipalities to provide specific descriptions of taxable entities, exempt entities, tax definitions, due dates (20th of month following occupancy charge), delinquency dates, penalties, discounts, and other provisions.

• Municipalities that have previously entered into collection agreements may adopt a resolution to discontinue allowing the Oklahoma Tax Commission to serve as their collecting agent.

• The bill codifies these provisions as Section 2702.1 of Title 68 of the Oklahoma Statutes.