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Bill > SB957
OK SB957
OK SB957Sales tax; modifying definitions; excluding certain entities from exemption after certain date. Effective date. Emergency.
summary
Introduced
02/04/2019
02/04/2019
In Committee
02/11/2019
02/11/2019
Crossed Over
Passed
Dead
05/29/2020
05/29/2020
Introduced Session
2020 Regular Session
Bill Summary
An Act relating to sales tax; amending 68 O.S. 2011, Section 1352, as amended by Section 2, Chapter 311, O.S.L. 2016 and 1359, as last amended by Section 2, Chapter 317, O.S.L. 2016 (68 O.S. Supp. 2018, Sections 1352 and 1359), which relate to sales tax exemptions; modifying definition; excluding specified entities from eligibility for exemption on or after certain date; providing an effective date; and declaring an emergency.
AI Summary
This bill amends the Oklahoma Sales Tax Code to exclude electric power generation by means of wind from the definition of "manufacturing" and "manufacturing operation" for the purposes of the sales tax exemption, effective July 1, 2019. The bill also declares an emergency, allowing it to take effect immediately upon passage and approval.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Second Reading referred to Finance (on 02/11/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb957&Session=2000 |
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