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OK SB1797

Bill

Official Source

Status

Introduced

2/1/2010

Primary Sponsor

Mike Schulz

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Repeals ad valorem tax exemptions for qualifying manufacturing concerns under 68 O.S. Section 2902
  • Eliminates certain application requirements for ad valorem tax exemptions under Section 2902.1
  • Removes definitions and procedures for ad valorem exemptions specifically for qualified aircraft manufacturers under Section 2902.3
  • Repeals ad valorem exemption requirements for a specified type of manufacturing facility under Section 2902.4
  • Effective date of January 1, 2011

Legislative Description

Revenue and taxation; repealing ad valorem exemptions for specified qualifying manufacturing concerns; repealing definitions and procedures relating to ad valorem exemptions. 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