OK SB101

Modifies the definition of "special event" for sales tax purposes to exclude events sponsored by county, district, or state fairs; public or private schools or universities; cities or towns with fewer than ten vendors; church organizations exempt under IRC Section 501(c)(3); or entities supporting state parks.

Requires promoters or organizers of special events to obtain permits from the Oklahoma Tax Commission at least 20 days before the event, accompanied by a $50 fee, and submit vendor lists and sales tax reports within 15 days after the event concludes.

Allows special event vendors to remit sales taxes directly to the Tax Commission (rather than through promoters) if the event is approved as an annual recurring event held during the same 30-day period each year.

Specifies that promoters and organizers are only liable for taxes actually remitted to them by vendors, and are entitled to deductions for record-keeping and filing responsibilities as provided in Section 1367.1.

Becomes effective November 1, 2011.