OK SB1254

Amends 68 O.S. 2001, Section 1358 to add a new sales tax exemption for agricultural products intended for human consumption produced or grown in Oklahoma when sold directly to consumers at farmers' markets or similar temporary sales locations.

Clarifies that "agricultural products" includes horses and that "ranching" includes the business of raising horses for purposes of existing sales tax exemptions.

Maintains existing exemptions for farm sales, livestock, feed, fertilizer, seeds, pesticides, farm machinery, and agricultural equipment used in production.

Excludes from the new exemption any sales at race meetings as defined in Title 3A of the Oklahoma Statutes.

Takes effect November 1, 2010.