OK HB3205

Reduces the limitation period for filing sales and use tax refund claims from three (3) years to two (2) years from the date of payment, effective upon the act's enactment.

Applies the two-year limitation specifically to refunds of sales tax imposed by Section 1354 and use tax imposed by Section 1402 of Oklahoma law.

Maintains the three-year limitation period for all other state tax refund claims not specified in the amendment.

Allows the Tax Commission to accept amended sales or use tax reports or returns as verified refund claims if they establish a lower liability than the original filing.

Preserves existing procedures for denied refund claims, including the right to demand a hearing within sixty days of denial notice.