Loading chat...
OK HB1708
Bill
Status
2/4/2013
Primary Sponsor
Todd Thomsen
Click for details
AI Summary
-
Amends 68 O.S. 2011, Section 1356 to add a new sales tax exemption for certain athletic organizations exempt from federal taxation under Internal Revenue Code Section 501(c)(3).
-
The exemption applies to organizations challenging coaches and athletes at professional, college, high school, junior high, and youth levels to use athletics to impact the world through religion.
-
Exemption covers sales of tangible personal property or services to state and regional offices of qualifying athletic organizations.
-
Effective date: July 1, 2013, with an emergency declaration for immediate effect upon passage and approval.
Legislative Description
Revenue and taxation; providing sales tax exemption for certain athletic organizations; effective date; emergency.
Revenue and Taxation
Last Action
Second Reading referred to Appropriations and Budget
2/5/2013