SB 1352 Summary

• Amends Oklahoma sales tax law (68 O.S. 2011, Section 1356) to add a new exemption for sales of tangible personal property or services by certain historical preservation organizations

• Exemption applies to organizations exempt from federal taxation under Internal Revenue Code Section 501(c)(4) that are organized specifically for raising funds for historical preservation projects

• Adds this exemption as paragraph 75 to the existing list of sales tax exemptions for governmental and nonprofit entities

• Effective date: November 1, 2014