SB 1230 Summary

• Amends Section 212 of Title 68 (Oklahoma Tax Code) to reorganize the Oklahoma Tax Commission's authority to cancel or refuse licenses, permits, and duplicates for tax violations using lettered subsections instead of numbered paragraphs.

• Creates new Section 212.1 establishing criminal penalties for selling, purchasing, installing, transferring, or possessing automated sales suppression devices (also called "zappers") or phantom-ware that falsifies electronic cash register records.

• Establishes felony penalties of 1-5 years imprisonment and/or up to $100,000 fine for violations, plus an additional administrative fine of $10,000 and immediate sales tax permit revocation.

• Requires the Tax Commission to give 20 days' notice by registered or certified mail before canceling licenses or refusing to issue, extend, or reinstate permits, allowing opportunity for a hearing.

• Effective date: November 1, 2012.