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OK SB900

Bill

Official Source

Status

Passed

5/17/2016

Primary Sponsor

Corey Brooks

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Amends the motor vehicle excise tax exemption for 100% disabled veterans to allow a replacement vehicle exemption if the original exempt vehicle was destroyed and declared a total loss by the insurer
  • Previously, disabled veterans could only claim the exemption once every three years with no exceptions
  • Exemption applies to honorably discharged veterans of U.S. Armed Forces or Oklahoma National Guard with permanent 100% disability rating from VA due to military action, accident, or service-contracted disease
  • Effective date: November 1, 2016

Legislative Description

Motor vehicle excise tax; modifying limitation on exemption for certain veterans. Effective date.

Last Action

Approved by Governor 05/17/2016

5/17/2016

Committee Referrals

Appropriations and Budget3/14/2016
Finance2/11/2016
Veterans and Military Affairs2/2/2016

Full Bill Text

No bill text available