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OK HB1171
Bill
Status
2/3/2025
Primary Sponsor
Marilyn Stark
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AI Summary
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Adds a new sales tax exemption for nonprofit organizations with 501(c)(3) status that have gross revenue not exceeding $3 million during the preceding tax year
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Exemption applies to purchases of tangible personal property or services by qualifying nonprofits organized under Oklahoma law or authorized to conduct activity in Oklahoma under another state's nonprofit law
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Explicitly excludes purchases of alcohol and tobacco products from the exemption
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Effective date of July 1, 2025, with emergency clause for immediate implementation upon passage and approval
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Amends existing Section 1356 of Title 68 (Oklahoma Statutes) which governs sales tax exemptions for governmental and nonprofit entities
Legislative Description
Revenue and taxation; sales tax exemption; nonprofit entities; limitation on gross revenues; exception for alcohol and tobacco; effective date; emergency.
Last Action
Recommendation to the full committee; Do Pass, amended by committee substitute Appropriations and Budget Finance Subcommittee
2/19/2026