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OK SB1653

Bill

Status

Introduced

2/1/2010

Primary Sponsor

Jonathan Nichols

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Origin

Senate

2010 Regular Session

AI Summary

  • 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)

  • 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

  • Exemption is added to the existing list of sales tax exemptions in Oklahoma statute

  • 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

Committee Referrals

Finance2/2/2010

Full Bill Text

No bill text available