An Act
ENROLLED HOUSE
BILL NO. 2062 By: Kendrix, Davis and Roberts
of the House
and
Dugger of the Senate
An Act relating to revenue and taxation; ame nding 68
O.S. 2021, Section 500 .22, which relates to motor
fuel taxation; modifying provisions related to
remittance of tax; and providing an effective date .
SUBJECT: Revenue and taxation
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. AMENDATORY 68 O.S. 2021, Section 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 of 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 p urchaser 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
this title. This ele ction shall be subject to a condition that the
remittances by the eligi ble 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
ENR. H. B. NO. 2062 Page 2
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 p rior 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.
ENR. H. B. NO. 2062 Page 3
Passed the House of Representatives the 9th day of May, 2023.
Presiding Officer of the House
of Representatives
Passed the Senate the 24th day of April, 2023.
Presiding Officer of the Senate
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 Sec retary of State this __________
day of ___________________, 20_______, at _______ o'clock _______ M.
By: _________________________________