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53	53	STATE OF OKLAHOMA
54	54
55	55	1st Session of the 60th Legislature (2025)
56	56
57	57	SENATE BILL 1122 By: Hall
58	58
59	59
60	60
61	61
62	62
63	63	AS INTRODUCED
64	64
65	65	An Act relating to ad valorem tax; amending 68 O.S.
66	66	2021, Sections 2808 and 2847 , which relate to
67	67	definitions and assessments of railroad, air carrier,
68	68	and public service corporation property; defining
69	69	term; requiring the State Board of Equalization to
70	70	assess certain property used to provide wired
71	71	broadband service; prescribing requirements for
72	72	assessment; prescribing assessment ratio; autho rizing
73	73	the Oklahoma Tax Commission to promulgate rules;
74	74	updating statutory lang uage; and providing an
75	75	effective date.
76	76
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81	81	BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
82	82	SECTION 1. AMENDATORY 68 O.S. 2021, Section 2 808, is
83	83	amended to read as follows:
84	84	Section 2808. A. As used in the Ad Valorem Tax Code:
85	85	1. “Public service corporation ” means all transportation
86	86	companies, transmission companies, all gas, electric, light, heat ,
87	87	and power companies, and all waterworks and water power companies,
88	88	and all persons authorized to exercise the right of eminent domain
89	89	or to use or occupy any right -of-way, street, alley, or public
90	90
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141	141	highway, along, over , or under the same in a manner not permitted to
142	142	the general public;
143	143	2. “Transportation company” means any company, corporation,
144	144	trustee, receiver, or any other person owning, leasing , or operating
145	145	for hire, a street railway, canal, steamboat line, and also any
146	146	sleeping car company, parlor car company , and express company, and
147	147	any other company, trustee, or person in any way engaged in such
148	148	business as a common carrier. As used in the Ad Valorem Tax Code,
149	149	the term “transportation company ” transportation company shall not
150	150	include any railroad or any air carrier. However, all railroa d and
151	151	air carrier property shall continue to be valued and assessed by the
152	152	State Board of Equalization for purposes of ad valorem taxation;
153	153	3. “Transmission company ” means any company, corporation,
154	154	trustee, receiver, or other person owning, leasing , or operating for
155	155	hire any telegraph or telephone line or radio broadcasting system;
156	156	4. “Person” means individuals, partnerships, associations, and
157	157	corporations in the singular as well as plural number;
158	158	5. “Video services provider ” means a subclass of public s ervice
159	159	corporations consisting of any public service corporation offering
160	160	video programming services;
161	161	6. “Video programming” shall have the same meaning as set forth
162	162	in 47 U.S.C., Section 522(20); and
163	163	7. “Fixed wireless broadband Internet service provide r” means
164	164	an entity that solely offers access to the Internet through a
165	165
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216	216	stationary fixed point-to-point connection often requiring direct
217	217	line of sight between the provider ’s wireless transmitter and its
218	218	end-user consumer’s receiver; and
219	219	8. “Broadband service providers” means a subclass of public
220	220	service corporations consisting of any public service corporation
221	221	offering broadband-based services including Internet access, Voice
222	222	over Internet Protocol, or Internet Protocol television to end -user
223	223	consumers. For the purposes of this paragraph, “broadband” means
224	224	wired internet at speeds i n excess of one hundred megabits per
225	225	second (100 Mbps) for download and twenty megabits per second (20
226	226	Mbps) for upload.
227	227	B. As used in the Ad Valorem Tax Code, “transmission company”
228	228	transmission company and “public service corporation ” public service
229	229	corporation shall not be construed to include cable television
230	230	companies or fixed wireless broadband Internet service providers.
231	231	C. Any real or personal property used by any compa ny,
232	232	corporation, trustee, receiver, or other person owning, leasing, or
233	233	operating for hire any pipeline or oil or gas gathering system which
234	234	was assessed by the State Board of Equalization after January 1,
235	235	1997, shall continue to be assessed by the State B oard of
236	236	Equalization through ad valorem tax year 1998.
237	237	SECTION 2. AMENDATORY 68 O.S. 2021, Section 2847, is
238	238	amended to read as follows:
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290	290	Section 2847. A. The property of all railroads, air carriers ,
291	291	and public service corporation s shall be assessed annually by the
292	292	State Board of Equalization at its fair cas h value estimated at the
293	293	price it would bring at a fair voluntary sale.
294	294	B. Taxable values of real and personal property of all
295	295	railroads, air carriers , and public service corpo rations shall be
296	296	established in accordance with the requirements of Section 8 of
297	297	Article X of the Oklahoma Constitution. The State Board of
298	298	Equalization shall determine the taxable value of all taxable
299	299	property that the Board is required by law to assess and value, and
300	300	shall determine such taxable value in accordance with the
301	301	requirements of Section 8 of Article X of the Oklahoma Constitution.
302	302	C. The State Board of Equalization shall assess the property of
303	303	that subclass of public service corporations know n as video services
304	304	providers, as defined in Section 2808 of this title, as provided:
305	305	1. Every video services provider shall file with the State
306	306	Board of Equalization a certification regarding total gross receipts
307	307	for the immediate preceding calendar year by April 15 and shall
308	308	specify the total gross receipts derived from video prog ramming
309	309	services;
310	310	2. The State Board of Equalization shall determine the
311	311	percentage of gross receipts the video services provider has derived
312	312	from video programming in the imme diately preceding calendar year;
313	313	and
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365	365	3. The percentage determined pursuant to paragraph 2 of this
366	366	subsection shall be applied to the taxable fair cash value allocated
367	367	to Oklahoma this state, and the resulting fair cash value
368	368	attributable to video programm ing services shall be assessed using
369	369	the statewide average of the assessment ra tios applied to the assets
370	370	of cable television companies in that tax year. Unless the taxpayer
371	371	or the State Board of Equalization demonstrates otherwise, the
372	372	statewide average assessment ratio applied to the personal property
373	373	of a cable television company shall be assumed to be twelve percent
374	374	(12%).
375	375	D. The percentage of fair cash value for real and personal
376	376	property of railroads, air carriers , and public service corporations
377	377	required by the Oklahoma Constitution to be taxable shall be the
378	378	percentage at which it was assessed on January 1, 1996, in
379	379	accordance with the provisions of paragraph 3 of subsection A of
380	380	Section 8 of Article X of the Oklahoma Constitution, and, subject to
381	381	the requirements of federal law, shall be uniformly applied to
382	382	calculate the taxable values of public service corporation property
383	383	within the state for the applicable assessment year.
384	384	E. The State Board of Equalization shall assess the property
385	385	used to provide wired broadband service that is constructed or
386	386	installed and placed in se rvice after the effective date of this
387	387	act, in an area where the coverage for wired internet at speeds in
388	388	excess of one hundred megabits per second (100 Mbps) for download
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440	440	and twenty megabits per second (20 Mbps) for upload is equal to or
441	441	less than ten percent (10%) according to the most recent FCC
442	442	National Broadband Map published by the Federal Communications
443	443	Commission at the time the property is constructed or installed and
444	444	placed in service, of that subclass of public service corporations
445	445	known as broadband service providers, as defined in Section 2808 of
446	446	this title, at a ratio of fifteen percent (15%) for tax years 2026
447	447	through 2036. Provided, the property assessed pursuant to this
448	448	subsection shall only include property exclusively used to provide
449	449	broadband internet service to areas meeting the coverage
450	450	requirements as provided in this subsection including fiber, cable,
451	451	transmission lines, fiber support infrastructure, cable support
452	452	infrastructure, transmission line support infrastructure, network
453	453	infrastructure, and facilities used to contain network
454	454	infrastructure. The valuation of all assets shall be calculated on
455	455	a net book basis to each assessment rate as provided in thi s
456	456	subsection and subsection D of this section. The Oklahoma Tax
457	457	Commission may promulgate rules to effectuate the provisions of this
458	458	subsection.
459	459	SECTION 3. This act shall become effective January 1, 2026.
460	460
461	461	60-1-1206 QD 1/16/2025 3:54:55 PM

Oklahoma 2025 Regular Session

Oklahoma Senate Bill SB1122 Compare Versions