Loading chat...
OK HB2925
Bill
Status
Introduced
2/1/2016
Primary Sponsor
Jason Dunnington
Click for details
AI Summary
- Amends Oklahoma Sales Tax Code to expand "maintaining a place of business in this state" definition to include vendors using in-state warehouses, distribution centers, or affiliated persons who deliver, install, or perform maintenance services
- Requires out-of-state vendors who maintain a place of business in Oklahoma to collect and remit the 4.5% sales tax on tangible personal property sold to Oklahoma consumers
- Voids any executive branch agreements exempting vendors from sales tax collection if they operate warehouses or fulfillment centers in Oklahoma, unless approved by majority vote of both legislative chambers
- Mandates that vendors selling to state government or agencies must register and collect sales/use tax on all taxable sales as a prerequisite for doing business with the state
- Repeals 68 O.S. 2011, Section 1354.1 and becomes effective November 1, 2016
Legislative Description
Revenue and taxation; sales tax; definitions; use tax; repealer; 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