The Tax Commission was created in 1931 during the term of Governor of Oklahoma William H. Murray.

The current members of the Commission are: Executive Director - Doug Linehan Under Governor Kevin Stitt, the Commission is under the supervision of Oklahoma Secretary of Finance, Administration and Information Technology.

In addition, the Commission allocates certain state-collected taxes earmarked to counties, school districts and cities directly to local governments.

The Tax Commission, with an annual budget of $107 million, is one of the larger employers for the State.

For fiscal year 2017, the Commission was authorized 1,150 employees but only utilized 695.6 FTE.