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OK HB1378

Bill

Official Source

Status

Vetoed

5/30/2025

Primary Sponsor

Eddy Dempsey

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Expands the definition of "agricultural products" to include timber, making timber production eligible for existing agricultural sales tax exemptions
  • Expands the definition of "farming" or "farm" to include timber production, seedling production, and forestry management
  • Allows timber producers to qualify for sales tax exemptions on fertilizer, seeds, pesticides, farm machinery, fuel, and other agricultural inputs used in production
  • Amends 68 O.S. 2021, Section 1358 relating to agricultural sales tax exemptions
  • Effective date: November 1, 2025

Legislative Description

Revenue and taxation; sales tax exemptions; agriculture; definition to include timber; effective date.

Last Action

Vetoed 06/10/2025

5/30/2025

Committee Referrals

Appropriations4/7/2025
Agriculture and Wildlife4/1/2025
Appropriations and Budget Natural Resources Subcommittee2/4/2025
Appropriations and Budget2/4/2025

Full Bill Text

No bill text available