Committee Substitute for SB 861 Summary

• Amends Oklahoma Sales Tax Code definitions in Section 1352, including "bundled transaction," "manufacturing," and "manufacturing operation" to exclude electric power generation by means of wind on or after the effective date.

• Modifies Section 1359 to exclude wind power generation facilities from manufacturing sales tax exemptions, effective July 1, 2017, preventing sales for use in electric power generation by wind from qualifying for exemptions previously available to manufacturers.

• Voids any agreements or rulings between vendors and state agencies that claim a person is not "maintaining a place of business in Oklahoma" or exempt from sales tax collection despite owning or operating a warehouse, distribution center, or fulfillment center in the state unless specifically approved by majority vote of both houses of the Oklahoma Legislature.

• Declares an emergency and provides the act shall take effect July 1, 2017, allowing immediate implementation.