OK SB918

Amends Oklahoma's Sales Tax Relief Act to add a sunset provision terminating the sales tax relief credit for taxable years beginning on or after January 1, 2018, unless reauthorized by the Legislature

Maintains eligibility for sales tax relief claims for Oklahoma residents with gross household income not exceeding $20,000 (individuals without dependents) or $50,000 (individuals with dependents, disabilities, or age 65+)

Preserves the credit amount at $40 multiplied by the number of allowable personal exemptions claimed

Continues to prohibit felons incarcerated in Department of Corrections custody from filing sales tax relief claims for any calendar year during which they were incarcerated

Effective date of November 1, 2016