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OK HB2652

Bill

Official Source

Status

Introduced

2/1/2016

Primary Sponsor

Seneca Scott

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Adds a new sales tax exemption for nonprofit organizations exempt under Internal Revenue Code Section 501(c)(3) that serve military veterans and their families
  • Qualifying organizations must have a primary purpose of either: providing veterans with peer-based support for transitioning to civilian life, or assisting veterans with VA claims processes
  • Amends Oklahoma Statutes Title 68, Section 1356, which governs sales tax exemptions for governmental and nonprofit entities
  • Effective date set for November 1, 2016

Legislative Description

Revenue and taxation; sales tax exemptions; nonprofit veteran organizations; eligibility criteria; 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