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OK SB1653
Bill
Status
2/1/2010
Primary Sponsor
Jonathan Nichols
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AI Summary
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Amends 68 O.S. 2001, Section 1356 to add a new sales tax exemption (paragraph 75) for a national nonprofit organization exempt under Internal Revenue Code Section 501(c)(3)
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Exemption applies to sales of tangible personal property or services to organizations supported entirely by membership dues consisting of those who served or currently serve on ships and stations related to naval mine warfare
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Exemption is added to the existing list of sales tax exemptions in Oklahoma statute
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Effective date: November 1, 2010
Legislative Description
Revenue and taxation; providing sales tax exemption for certain organization relating to naval mine warfare. Effective date.
Revenue and Taxation
Last Action
Second Reading referred to Finance
2/2/2010