us-ok/stat
Okla. Stat. tit. 68, § 500.2
Legislative intent and purpose
# A.
It is the intent of this act to amend, revise, incorporate and recodify established revenue raising procedures applied to motor fuels for the construction and maintenance of safe public highways and bridges in this state. It is the intent of the Legislature that the taxes imposed on motor fuel have always been and continue to be declared and conclusively presumed to be a direct tax on the ultimate or retail consumer. When the taxes are paid by any person other than the ultimate or retail consumer, the payment shall be considered as precollected and as an advance payment for the purpose of convenience and facility to the consumer and shall thereafter be added to the price of the motor fuel and recovered from the ultimate or retail consumer, regardless of where or how the taxable fuel is ultimately consumed.
# B.
In order to promote and protect the public safety, health and welfare of this state, it is also the intent of this act to establish a modern, efficient and effective motor fuel tax collection and enforcement system adequate to substantially deter motor fuel tax evasion emanating from sources within and outside this state. In order to achieve the purpose and intent of this act, the Legislature finds it necessary to increase conformity with federal law concerning the imposition of tax on motor fuels and increased reliance on highway enforcement systems. This act is intended to conform the method in this state of imposing an excise tax on motor fuel with the method imposed in the Internal Revenue Code and the regulations issued pursuant thereto.
# C.
It is also the intent of the Legislature that the recodification of the tax levied by this act shall not be considered and construed to be a new tax or change in the motor fuel tax, but a clarification of the motor fuel tax as it existed prior to the effective date of this act. The purpose of this recodification is a result of the interpretation of the motor fuel tax code of this state by the federal courts, specifically the decision by the Supreme Court of the United States in "Oklahoma Tax Commission v.
Chickasaw Nation", 115 S. Ct. 2214 (1995).
Amendment history
Added by Laws 1996, c. 345, § 2, eff. Oct. 1, 1996.
Source: view the official text
Nearby sections (25 sections)
- 450.1 · Definitions
- 450.2 · Levy of tax - Calculation
- 450.3 · Manner of payment of tax - Intent and purpose of act
- 450.4 · Rules and regulations - Purchase of stamps - Reporting forms -…
- 450.5 · Immediate assessment and collection of tax - Delinquency -…
- 450.6 · Exemptions from tax
- 450.7 · Disposition of revenues
- 450.8 · Civil and criminal penalties - Immunities
- 450.9 · Reuse of used stamp prohibited - Penalty
- 451 · Capital Improvement Fund
- 452 · Expenditure of funds
- 500.1 · Short title
- 500.2 · Legislative intent and purpose
- 500.3 · Definitions
- 500.4 · Levy of tax
- 500.4A · Levy of tax equal to reduction in federal excise tax
- 500.4B · Additional tax imposed on diesel fuel and gasoline -…
- 500.5 · Presumptions
- 500.6 · Apportionment of gasoline and compressed natural gas tax
- 500.6a · Distribution of tax revenue
- 500.7 · Apportionment of diesel fuel tax
- 500.8 · Measurement of tax on importer gallons and supplier gallons
- 500.9 · Taxation of motor fuels held in inventory on date of increase…
- 500.10 · Exemptions from motor fuels tax
- 500.10-1 · Ethanol credit – Refund claims process