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OK SB289
Bill
AI Summary
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Amends Oklahoma sales tax exemption law (68 O.S. Section 1356) to update terminology from "American Association of Museums" to "American Alliance of Museums" throughout the statute
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Extends the sales tax exemption for non-accredited museums operating under 501(c)(3) organizations with annual budgets under $1,000,000 through December 31, 2027 (previously set to expire December 31, 2024)
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Makes minor technical corrections including changing "handicapped" to "disabled" and converting numbers written as numerals to written form (e.g., "168,000" to "one hundred sixty-eight thousand")
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Passed the Senate on March 25, 2025 and contains an emergency clause for immediate effect upon passage and approval
Legislative Description
Sales tax; exemptions for governmental and nonprofit entities; modifying period of exemption for certain museums. Emergency.
Last Action
Recommendation to the full committee; Do Pass Appropriations and Budget Finance Subcommittee
4/10/2025