OK HB2358

Amends 68 O.S. 2011, Section 500.22 regarding motor fuel tax deferral for eligible purchasers who obtain written Commission approval of eligibility status.

Eligible purchasers may defer motor fuel tax payment on transport truck loads until two business days before the supplier's required remittance date to the Commission.

Establishes remittance percentages for deferred payments: 98.4% for gasoline and 98.1% for diesel fuel until July 1, 2022, then increases to 100% for both fuel types.

Requires all deferred payments be made by electronic funds transfer on or before the second preceding day prior to the supplier's remittance date to the Commission.

Becomes effective November 1, 2017.