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OK HB2944

Bill

Official Source

Status

Introduced

2/1/2016

Primary Sponsor

Katie Henke

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Adds a new sales tax exemption for organizations exempt under IRS Section 501(c)(3) that provide school supplies to at-risk students in public schools through nonprofit, free stores for teachers
  • The exemption applies to both sales to and sales by these qualifying organizations
  • Amends Section 1356 of Title 68 (Oklahoma's existing sales tax exemption statute for governmental and nonprofit entities) by adding paragraph 76
  • Effective date: November 1, 2016

Legislative Description

Revenue and taxation; sales tax exemption; certain organizations providing school supplies; 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