An Act ENROLLED SENATE BILL NO. 1781 By: Rader of the Senate and Talley of the House An Act relating to aircraft excise tax; amending 68 O.S. 2021, Section 6004, which rela tes to the report on transfer of legal ownership aircraft; modifying report requirements; updating statutory reference; and providing an effective date . SUBJECT: Aircraft excise tax BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 68 O.S. 2021, Secti on 6004, is amended to read as follows: Section 6004. The Tax Commission shall requ ire every person licensed as a dealer in aircraft pursuant to the provisions of Sections 251 through 257 of Title 3 of the O klahoma Statutes to make a report to the Tax Com mission within a period of thirty (30) days after the transfer by such person of the legal ownership of any aircraft. The report shall be made on a form prescribed and furnished by the Tax Commission, showin g the name and address of the purchaser, a description of the aircraft , including the name of the manufacturer, the Federal Aviation Administration registration number of the aircraft, the type and year manufactured, the serial number, the date of the tran sfer, whether the aircraft is exempt from the aircraft excise tax pursuant to Section 6003 of this title, and the amount of the sale price. The Tax Commission may cancel or suspend the license of any person licensed as a dealer in aircraft pursuant to the provisions of Sections 2 51 through 257 of Title 3 of the Oklahoma Statutes who shall fail or refuse to comply with the provisions of Sections 2 6001 through 8 6007 of this act title. ENR. S. B. NO. 1781 Page 2 SECTION 2. This act shall become effective November 1, 2022. Passed the Senate the 15th day of February, 2022. Presiding Officer of the Senate Passed the House of Representatives the 27th day of April, 2022. Presiding Officer of the House of Representatives OFFICE OF THE GOVERNOR Received by the Office of the Governor this _______ _____________ day of _________________ __, 20_______, at _______ o'clock _______ M. By: _______________________________ __ Approved by the Governor of the State of Oklahoma this _____ ____ day of _________________ __, 20_______, at _______ o'clock _______ M. _________________________________ Governor of the State of Oklahoma OFFICE OF THE SECRETARY OF STATE Received by the Office of the Secretary of State this _______ ___ day of __________________, 20 _______, at _______ o'clock _______ M. By: _______________________________ __