HB 1604 Summary

• Amends 68 O.S. 2021, Section 2103 to modify vehicle excise tax provisions related to transfers of vehicle ownership without consideration.

• Expands exemptions from excise tax to include transfers between grandparents and grandchildren, and clarifies that transfers to express trusts are exempt when the grantor or their spouse, child, parent, legal guardian, or grandchild has a right to revoke.

• Renumbers existing exemption categories and reorganizes provisions for consistency while maintaining current exemption rules for husband-wife, parent-child, and legal guardian-child transfers.

• Becomes effective November 1, 2025.