Oklahoma SB 1711 Summary

• Amends the clean-burning motor vehicle fuel property tax credit under 68 O.S. 2011, Section 2357.22, limiting eligibility to tax years before January 1, 2020.

• Modifies the definition of "qualified clean-burning motor vehicle fuel property" to require public access recharging systems for electric vehicles be "made available for sale to the public" and "metered-for-fee."

• Maintains existing credit percentages: 50% for vehicle conversions/equipment, 75% for fuel delivery infrastructure, and up to $2,500 for residential natural gas compression systems.

• Becomes effective November 1, 2014.