Loading chat...
OK SB1825
Bill
Status
2/3/2014
Primary Sponsor
Don Barrington
Click for details
AI Summary
-
Adds paragraph 43 to Section 1357 of Oklahoma sales tax code to create a sales tax exemption for surviving spouses of Armed Forces members killed in action in designated combat zones.
-
Exemption applies only to unremarried surviving spouses who are Oklahoma residents and have not remarried following the service member's death.
-
Limits exemption to $1,000 per year per surviving spouse; excess purchases are subject to full sales tax liability with penalty and interest.
-
Requires surviving spouses claiming exemption to provide sworn statement to Tax Commission confirming purchases do not exceed annual $1,000 limit upon request.
-
Effective November 1, 2014.
Legislative Description
Sales tax; providing exemption for surviving spouse of Armed Forces member killed in action; limiting amount. Effective date.
Revenue and Taxation
Last Action
coauthored by Coody (principal House author)
2/4/2014