Loading chat...

OK SB1120

Bill

Official Source

Status

Engrossed

3/8/2012

Primary Sponsor

Eddie Fields

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Amends 37 O.S. 2011, Section 576 regarding the 13.5% gross receipts tax on mixed beverage, caterer, and special event license holders

  • Removes the requirement that the advertised price of a mixed beverage must equal the sum of the retail sale price plus the gross receipts tax

  • Removes specific statutory citations ("Section 1350 et seq. of Title 68 of the Oklahoma Statutes") when referencing the Oklahoma Sales Tax Code, simplifying the language

  • Effective date: November 1, 2012

  • Passed the Oklahoma Senate on March 7, 2012

Legislative Description

Oklahoma Alcoholic Beverage Control Act; modifying definition relating to gross receipts tax on mixed beverages. Effective date.

Revenue and Taxation

Last Action

Second Reading referred to Appropriations and Budget

3/19/2012

Committee Referrals

Appropriations and Budget3/19/2012
Finance2/7/2012

Full Bill Text

No bill text available