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OK HB2331

Bill

Official Source

Status

Introduced

2/1/2016

Primary Sponsor

Mark McBride

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Adds a new sales tax exemption for commercial forestry service equipment sold to businesses engaged in logging, timber, and tree farming
  • Covered equipment includes forwarders, fellers, bunchers, track skidders, wheeled skidders, hydraulic excavators, delimbers, soil compactors, and skid steer loaders
  • Amends 68 O.S. 2011, Section 1357 (Oklahoma Sales Tax Code general exemptions) by adding paragraph 43
  • Effective date: November 1, 2016

Legislative Description

Revenue and taxation; sales tax exemptions; commercial forestry service equipment; effective date.

Last Action

Second Reading referred to Appropriations and Budget

2/2/2016

Committee Referrals

Appropriations and Budget2/2/2016

Full Bill Text

No bill text available