HB 3049 Summary

• Defines "tax" as revenue collected by the state for general government purposes, including motor vehicle registration fees, that is appropriated from the General Revenue Fund or apportioned to a fund within the State Treasury

• Defines "fee" as a charge by a state agency for acquiring specific tangible property or services unique to the individual acquiring them, with proceeds used to pay for costs associated with the transaction or the agency's administrative and operational expenses

• Defines "assessment" as a charge on commodities or transactions involving commodities (including livestock) for promoting commodity development or marketing, and declares assessments are outside the scope of Section 33 of Article V of the Oklahoma Constitution

• Adds these statutory definitions to Title 25, Section 501 of Oklahoma law

• Effective date: November 1, 2014