Oklahoma Bill would Allow Counties to Impose up to 15% Tax on Cannabis Retail Sales 

An Oklahoma bill would allow counties to impose an up to 15% “public
service impact tax” on cannabis retail sales. Before the tax could be
levied, it must first be approved by a majority of county voters in a
special election.

Under the proposal, the special election could be initiated by either the
county commissioners or by a petition signed by at least 5% of registered
voters. Were voters to reject the tax, another election to impose the tax
would not be able to be held for six months.

The bill requires that the revenue must be designated for specific
purposes, such as supporting local first responders, or improving run
down properties. The tax duration could be limited or unlimited.

The Oklahoma Tax Commission would be required to notify taxpayers
of any rate changes at least 60 days in advance, and counties
could contract with the state Tax Commission to collect and enforce the
tax, with the Tax Commission charging a 0.5% fee for this service.

The bill also outlines procedures for initiative petitions related to the
taxes, requiring them to comply with existing statutes and setting
timelines for signature gathering and election scheduling.

If approved the bill, which is sponsored by Republican Reps. Ryan Eaves,
Grant Green, and Tom Woods, would take effect Nov. 1, 2026. The legislation
is currently in the chamber’s Government Oversight Committee. The House
County and Municipal Government approved the bill last week.