OK HB3559

Counties may levy a severance tax up to $0.15 per ton on rock, gravel, granite, sand, and limestone extracted by for-profit businesses, subject to voter approval at a special election called by county commissioners or through initiative petition signed by 5% of registered voters

Tax revenues must be deposited in the county general fund and used exclusively for road and bridge construction or improvement, not for salaries or employee compensation

Exemptions apply to individuals extracting materials from their own property for non-commercial use and to limestone extracted for agricultural purposes

If extraction occurs within a municipality's incorporated area, 50% of the severance tax revenue goes to the municipality and 50% to the county

Counties receiving this severance tax revenue are prohibited from imposing additional fees, charges, or assessments on aggregate mining operations; the Oklahoma Tax Commission may contract with counties to collect the tax for a 0.5% fee