OK SB2053

Counties may levy an excise tax on retail medical marijuana sales up to 10% of gross receipts, subject to approval by majority vote in a special election called by county commissioners or by initiative petition signed by at least 5% of registered voters

Cities and towns may levy an excise tax up to 10% on gross receipts from medical marijuana and medical marijuana product sales for public safety and infrastructure purposes

Tax proceeds must be designated for public safety and infrastructure and deposited in the county's general revenue or a dedicated public safety and infrastructure revolving fund

The Oklahoma Tax Commission will collect and enforce the taxes under contract, charging a fee of 0.5% of gross collection proceeds

Effective date is November 1, 2026