{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-1020","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-1020","heading":"Application of Sections 1017 to 1020","body":"A gross production tax equal to five percent (5%) of the gross\n\nvalue of all ores bearing uranium, as that term is defined in the\n\npreceding section, that are mined or produced in this state, is\n\nhereby levied.\n\n(a) The tax hereby levied shall apply and attach immediately\n\nupon ore bearing uranium being mined or produced, provided the ore\n\nis mined or produced for the purpose of obtaining uranium or is in\n\nfact so used. The tax shall be measured by the gross value of the\n\nore at the time and place same is mined or produced.\n\n(b) The payment of the taxes herein imposed shall be in full,\n\nand in lieu of all taxes by the state, counties, cities, towns,\n\nschool districts and other municipalities upon any property rights\n\nattached to or inherent in the right to ore upon producing leases\n\nfor the mining ores bearing uranium, upon the uranium rights and\n\nprivileges to the uranium aforesaid belonging or appertaining to\n\nland, upon the machinery, appliances and equipment used in and\n\naround any mine producing ore and actually used in the operation of\n\nsuch mine; and also upon the ores bearing uranium hereinbefore\n\nmentioned during the tax year in which the same is produced, and\n\nupon any investment in any of the leases, rights, privileges,\n\nminerals or other property hereinbefore in this paragraph mentioned\n\nor described; and any interest in the land, other than that herein\n\nenumerated, and ores bearing uranium which are mined, (produced) and\n\non hand at the date as of which property is assessed for general and\n\nad valorem taxation for any subsequent tax year, shall be assessed\n\nand taxed as other property within the taxing district in which such\n\nproperty is situated at the time.\n\n(c) No equipment, material or property shall be exempt from the\n\npayment of ad valorem tax by reason of the payment of ad valorem tax\n\nby reason of the payment of the gross production tax as herein\n\nprovided except such equipment, machinery, tools, materials or\n\nproperty as is actually necessary and being used and in use in the\n\nproduction of ores bearing uranium; and it is expressly declared\n\nthat no ice plants, hospitals, office buildings, garages,\n\nresidences, gasoline extractions or absorption plants, water\n\nsystems, fuel systems, rooming houses and other buildings, nor any\n\nequipment or material used in connection therewith shall be exempt\n\nfrom ad valorem tax.\n\n(d) The State Board of Equalization, upon its own initiative,\n\nmay, and upon complaint of any person who claims that he is taxed\n\ntoo great a rate hereunder shall, take testimony to determine\n\nwhether the taxes herein imposed are greater, or less, than the\n\ngeneral ad valorem tax for all purposes would be on the property of\n\nsuch producer subject to taxation in the district or districts where\n\nthe same is situated and also the value of ore, or of the mining ore\n\nrights, the machinery, equipment or appliances used in the actual\n\noperation of in and around any such mine, the value of the ore\n\nproduced and any other element of value in lieu of which the tax\n\nherein is levied. The said Board shall have power and it shall be\n\nits duty to raise or lower the rate herein imposed to conform\n\nthereto. An appeal may be had from the decision fo the State Board\n\nof Equalization thereon, by any person aggrieved to the Supreme\n\nCourt, in like manner and with like effect as provided by law in\n\nother appeals from said Board to said Court; provided, that after\n\nsuch tax has been collected and distributed or paid without protest,\n\nno complaint with reference to rate thereof shall be heard or\n\nconsidered.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"f0571d243e3bb7846c886058d90e65ae627ce595929736c12751e8dc9680a5ef","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-102.3","next":"us-ok/okla.-stat.-tit.-68-68-1021"},"notice":"GroundRules: Original legal text. Not legal advice."}