Req. No. 1668 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 58th Legislature (2021) SENATE BILL 395 By: Dossett (J.A.) AS INTRODUCED An Act relating to legislative procedure; requiring certain bill, resolution and amendment to be accompanied by documentation of fiscal impact; requiring Oklahoma Tax Commission to provide ana lysis within a requested time provided by certain persons ; requiring three-fourths approval of the Senate and three-fourths approval of the House of Representatives for certain bill, resolution or amendment to become law; requiring vote threshold to reflect certain constitutional requirement; providing for codification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 118.1 of Title 68, unless there is created a duplication in numb ering, reads as follows: A. No bill, resolution or amendment by the Legislature that reduces revenue to this state by lowering a tax shall be heard by the Senate or the House of Representatives or any committee ther eof unless the bill, resolution or amendment is accompanied by documentation of the negative fiscal impact to the state. The Oklahoma Tax Commission shall provide the fiscal im pact analysis. Req. No. 1668 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 The statement shall be provided within the time requested by a member or employee of the Legislature. B. No bill, resolution or amendment that reduces rev enue to this state by lowering a tax, and as documented by the Oklahoma Tax Commission, shall become law without approval of three-fourths (3/4) of the membership of the Senate and three-fourths (3/4) of the membership of the House of Represent atives. The voting requirements provided in this subsection shall reflect any amendment to the voting requirements provided in Section 33 of Article 5 of the Oklahoma Constitution. SECTION 2. This act shall becom e effective November 1, 2021. 58-1-1668 QD 1/13/2021 4:00:50 PM