HB 1279 Summary

• Amends the Uniform Tax Procedure Code (68 O.S. 2021, Section 221) to modify taxpayer protest procedures for tax assessments and denials of tax credits.

• Establishes a new 15-day protest period for taxpayers to challenge denials of tax credits authorized by Section 28-101 of Title 70, with failure to protest resulting in the denial becoming final and absolute.

• Requires the Oklahoma Tax Commission to grant oral hearings if requested in tax credit denial protests, with hearings scheduled no less than 10 days after written notice, and mandates written orders containing findings of fact and conclusions of law within 60 days.

• Allows taxpayers to appeal Tax Commission orders within the timeframe and manner provided by Section 225, with orders becoming final 30 days after mailing if no appeal is filed.

• Declares an emergency effective date so the law takes effect immediately upon passage and approval.