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The Oklahoma Tax Commission (OTC) is the Oklahoma state government agency that collects taxes and enforces the taxation and revenue laws of the state. The Commission is composed of three members appointed by the Governor of Oklahoma and confirmed by the Oklahoma Senate. The Commissioners are charged with oversight of the agency but appoint an ...
Oversees all State finances, statewide human resources, and statewide property management Tax Commission: 1150: $106,712,423: Collects State taxes and enforces tax laws State Banking Department: 40: $8,038,459.97: Regulates financial institutions Firefighters Pension and Retirement System: 10: $21,491,616.92: Provides retirement benefits for ...
Oklahoma assesses a State level excise tax on insurance premiums paid across the State. The insurance tax is collected by the Oklahoma Insurance Department. While most of the insurance tax is deposited within the General Fund, the revenues also support the Insurance Department and provide revenues for the State's employee retirement systems.
The Oklahoma Tax Commission has hired a new executive director to lead the state agency after the previous director accepted a role in the Stitt administration.
The U.S. state of Oklahoma first required its residents to register their motor vehicles and display license plates in 1915. As of 2024, plates are issued by Service Oklahoma. Only rear plates have been required since 1944. Prior to July 1, 2019, plates belonged to the car, not the owner.
The revenue for Oklahoma Insurance Department's budget is generated from the fees associated with the licenses. Since 2016, the OID has been non appropriated. According to the OID's 2018 Annual Report, the department's operations have produced $46.5 million to be given back to the State of Oklahoma budget for use by other state agencies.
Oklahoma State Banking Department. Oklahoma State Banking Board (governing body of Department) Oklahoma State Board of Equalization; Oklahoma State Bond Advisor. Council of Bond Oversight; Long-Range Capital Planning Commission; Oklahoma Teachers’ Retirement System. Teachers' Retirement Board; Tobacco Settlement Endowment Trust
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