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OK SB1918

Bill

Official Source

Status

Introduced

2/1/2010

Primary Sponsor

Dan Newberry

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Amends Oklahoma Sales Tax Code (68 O.S. 2001, Section 1357) to add a new exemption for sales of auxiliary power units installed on truck-tractors, trailers, or semitrailers.

  • Auxiliary power units exempt from sales tax when sold for installation on commercial trucks and trailers as defined in Section 2101 of Oklahoma statutes.

  • Effective date is July 1, 2010, with an emergency clause allowing immediate implementation upon passage and approval.

  • Adds item 42 to the existing list of sales tax exemptions in Oklahoma law.

Legislative Description

Revenue and taxation; exempting sale of certain auxiliary power units from sales tax. Emergency.

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