OK HB1542

Amends 68 O.S. 2011, Section 1357 to add a new sales tax exemption (paragraph 43) for certain agricultural products sold directly to consumers.

Exempts sales of fresh vegetables, fruits, gourds, nuts, and other agricultural products (in addition to meat, fish, dairy, or poultry) produced in Oklahoma when sold directly to consumers at farmers markets, producer-owned retail food cooperatives, or on consignment.

Seller must possess an agricultural exemption permit pursuant to Section 1358.1 of the Oklahoma Statutes to qualify for this new exemption.

Effective date is July 1, 2013, with an emergency clause declaring the act effective immediately upon passage and approval.