SB 338 Summary

• Amends Oklahoma tax confidentiality law (68 O.S. 2011, Section 205) to add a new disclosure exception allowing the Oklahoma Tax Commission to share tax information with the Oklahoma Health Care Authority for determining Medicaid eligibility for current or potential assistance recipients.

• Maintains general confidentiality of Oklahoma Tax Commission records while establishing 31 specific categories of permissible information disclosures to authorized agencies, officials, and entities.

• Authorizes Tax Commission to disclose information to law enforcement, state agencies, county assessors, and other entities for purposes including tax administration, debt collection, and criminal investigations.

• Requires Tax Commission to prepare biennial reports (by October 1 of even-numbered years) estimating state revenue lost through tax exclusions, deductions, credits, exemptions, and other preferential tax treatments, submitted to Governor and legislative leadership.

• Establishes criminal penalties for unauthorized disclosure of confidential tax information as a misdemeanor with fines up to $1,000 and/or up to one year imprisonment, plus removal from office; effective November 1, 2015.