SB 289 Summary

• Amends Oklahoma sales tax exemptions in Section 1356 of Title 68 to add a new exemption (paragraph 83) for museums not accredited by the American Alliance of Museums that operate as part of 501(c)(3) organizations with annual budgets under $1,000,000.

• Extends the exemption period for qualifying unaccredited museums from "November 1, 2021, through December 31, 2024" to "upon the effective date of this act through December 31, 2027," providing three additional years of tax exemption.

• Changes terminology in paragraph 62 from "168,000" to "one hundred sixty-eight thousand" and from "3,000" to "three thousand" for consistency in describing a national women's service organization.

• Declares the act to have emergency status, requiring it to take effect immediately upon passage and approval rather than waiting for a specified date.