SENATE FLOOR VERSION - HB3343 SFLR Page 1 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SENATE FLOOR VERSION March 25, 2024 AS AMENDED ENGROSSED HOUSE BILL NO. 3343 By: Pfeiffer of the House and Hall of the Senate [ revenue and taxation - apportionment of documentary tax stamp revenues - procedures for refund of revenues - effective date – emergency ] BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 68 O.S. 2021, Section 2947.2, is amended to read as follows: Section 2947.2 A. For the fiscal year ending June 30, 2022, and for each fiscal year thereafter, ten percent (10%) of the revenue collected pursuant to Section 3204 of this title shall be apportioned by the Oklahoma Tax Commission monthly to the Oklahoma Cooperative Extension Service for duties imposed on the Extensio n Service pursuant to S ections 130.1 through 130.7 and Section 1500 of Title 19 of the Oklahoma Statutes and Section 3006 of this title. B. For the fiscal year ending June 30, 2022, and for each fiscal year thereafter, eighty -eight and five-tenths percent (88.5%) of the revenue collected pursuant to Section 3204 of this title SENATE FLOOR VERSION - HB3343 SFLR Page 2 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 shall be apportioned by the Oklahoma Tax Commission monthly to the Oklahoma State University Center for Local Government Technology for duties imposed pursuant to Sections 2816 and 28 62 of this title related to any training, support, professional development, and additional software necessary for county assessors, treasurers and boards of equalization, and the acquisition and administration of a computer-assisted mass appraisal softwar e system for county governments; provided, the Oklahoma State University Center for Local Government Technology may delay the acquisition of such software until such time as sufficient funds are available. C. After the computer-assisted mass appraisal sof tware acquisition is complete and associated costs are paid, any Any county which elects not to participate in the Oklahoma State University Center for Local Government Technology's computer - assisted mass appraisal software system may apply to make request to and upon such request, shall be refunded from the Center for Local Government Technology for a refund up to ten percent (10%) of such county's annual documentary stamp tax revenue apportionment received by the Center for Local Government Technology ; provided, if available funds are insufficient for a ten -percent rebate, the percentage shall be adjusted so that rebates may be paid or the actual cost incurred by the requesting county of a computer -assisted mass appraisal software system, whichever is less . The requesting county shall also provide a receipt of payment from a computer - SENATE FLOOR VERSION - HB3343 SFLR Page 3 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 assisted mass appraisal software vendor at the time of requesting a refund. Funds refunded by the Center for Local Government Technology to the requesting county shall be use d by the county for the purpose of acquisition, administration and support of a computer-assisted mass appraisal software system . SECTION 2. This act shall become effective July 1, 2024. SECTION 3. It being immediately nec essary for the preservation of the public peace, health or safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval. COMMITTEE REPORT BY: COMMITTEE ON FINANC E March 25, 2024 - DO PASS AS AMENDED