OK HB1183

Amends 68 O.S. 2021, Section 2104 to modify how vehicle value is determined for motor vehicle excise tax purposes.

Requires the actual sales price before trade-in discounts or credits to be used as the tax basis, but such price must be within 20% of the average retail price listed in Service Oklahoma's automotive reference material.

Mandates that the actual sales price, number of tires, and tire rim diameters be entered on the bill of sale or other form prescribed by Service Oklahoma.

Service Oklahoma or appointed licensed operators shall issue vehicle certificates of title upon receipt of properly completed bill of sale and payment of all applicable taxes and fees.

Effective date is July 1, 2026.