ENGR. S. A. TO ENGR. H. B. NO. 2062 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 ENGROSSED SENATE AMENDMENT TO ENGROSSED HOUSE BILL NO. 2062 By: Kendrix, Davis and Roberts of the House and Dugger of the Senate [ revenue and taxation - motor fuel taxation - effective date ] AMENDMENT NO. 1. Page 1, restore the title Passed the Senate the 24th day of April, 2023. Presiding Officer of the Senate Passed the House of Representatives the ____ day of __________, 2023. Presiding Officer of the House of Representatives ENGR. H. B. NO. 2062 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 ENGROSSED HOUSE BILL NO. 2062 By: Kendrix, Davis and Roberts of the House and Dugger of the Senate [ revenue and taxation - motor fuel taxation - effective date ] BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 68 O.S. 2021, Secti on 500.22, is amended to read as follows: Section 500.22 Each supplier and bonded importer who sells motor fuel shall precollect and remit on be half of and from the purchaser the motor fuel tax imposed under S ection 500.4 of this title. At the election o f an eligible purchaser, which notice shall be evidenced by a written statement from the Commission as to the purchaser eligibility status as det ermined under Section 500.23 of this title, the seller shall not require a payment of motor fuel tax on transport truck loads from the purchaser sooner than two (2) business days prior to the date on which the tax is required to be remitted by the supplier or bonded importer under Section 500.20 of ENGR. H. B. NO. 2062 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 this title. This ele ction shall be subject to a condition that the remittances by the eligible purchaser of all amounts of tax due the seller shall be paid on the basis of: 1. Ninety-eight and four-tenths percent (98.4%) for gasoline until July 1, 2024 2029; thereafter remittance shall be paid on the basis of one hundred percent (100%); and 2. Ninety-eight and one-tenth percent (98.1%) for diesel fuel until July 1, 2024 2029; thereafter remittance shall be paid on the basis of one hundred percent (100%), which shall be paid by electronic funds transfer on or before the second preceding day prior to the date of the remittance by the supplier to the Commission, and the election by the eligible purchaser under this section may be terminated by the seller if the eligible purchaser does not make timely payments to the seller as required by this section. SECTION 2. This act shall become effective November 1, 2023. ENGR. H. B. NO. 2062 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Passed the House of Representatives the 21st day of March, 2023. Presiding Officer of the House of Representatives Passed the Senate the ____ day of __________, 2023. Presiding Officer of the Senate