OK SB1268

Expands Oklahoma's annual 3-day sales tax holiday (first Friday through Sunday in August) to include school supplies, school art supplies, and school instructional materials in addition to clothing and footwear

Defines "school supply" as items commonly used by students in coursework, "school art supply" as items used for artwork in courses, and "school instructional material" as written reference materials used for learning

Maintains the $100 per-item price limit for tax exemption and explicitly excludes computers and school computer supplies from the exemption

Extends the same exemption to county and municipal sales taxes, requiring local governments to honor the state exemption during the tax-free period

Requires Oklahoma Tax Commission rules on the school supply exemption to be consistent with the Streamlined Sales and Use Tax Agreement