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Bill > HB1955


OK HB1955

OK HB1955
Revenue and taxation; sales tax; groceries; definitions; zero rate; local sales tax; effective date; emergency.


summary

Introduced
02/06/2023
In Committee
04/03/2023
Crossed Over
03/27/2023
Passed
02/22/2024
Dead
Signed/Enacted/Adopted
02/27/2024

Introduced Session

2023 Regular Session

Bill Summary

An Act relating to revenue and taxation; amending 68 O.S. 2021, Section 1352, which relates to sales tax; defining terms; providing for zero rate of state sales tax on certain food items; providing for effect of sales tax levies by political subdivisions; prohibiting certain modifications with respect to levy of sales tax; and specifying duration of prohibited action. SUBJECT: Revenue and taxation

AI Summary

This bill amends the Oklahoma Sales Tax Code to define key terms, including "food and food ingredients," "prepared food," and "soft drinks." Importantly, it imposes a zero percent (0%) state sales tax rate on retail sales of food and food ingredients sold for human consumption off the premises. The bill also requires that any sales tax or excise tax levied by a local jurisdiction on food and food ingredients be in effect regardless of any previously imposed state sales tax, and prohibits local jurisdictions from applying a sales tax increase to food and food ingredients until June 30, 2025.

Committee Categories

Budget and Finance

Sponsors (51)

Charles McCall (R)* Greg Treat (R)* Rhonda Baker (R),  Micheal Bergstrom (R),  David Bullard (R),  Josh Cantrell (R),  Bob Culver (R),  Dean Davis (R),  Jared Deck (D),  Mike Dobrinski (R),  Collin Duel (R),  Jon Echols (R),  Ross Ford (R),  Tom Gann (R),  John George (R),  Jim Grego (R),  Warren Hamilton (R),  David Hardin (R),  Neil Hays (R),  Shane Jett (R),  John Kane (R),  Julia Kirt (D),  Mark Lawson (R),  Dick Lowe (R),  Ken Luttrell (R),  Robert Manger (R),  T.J. Marti (R),  Stan May (R),  Cody Maynard (R),  Kevin McDugle (R),  Annie Menz (D),  Anthony Moore (R),  Terry O'Donnell (R),  Mike Osburn (R),  Daniel Pae (R),  John Pfeiffer (R),  Melissa Provenzano (D),  Eric Roberts (R),  Cody Rogers (R),  David Smith (R),  Marilyn Stark (R),  Cowboy Stephens (R),  Preston Stinson (R),  John Talley (R),  John Waldron (D),  Kevin Wallace (R),  Josh West (R),  Rick West (R),  Tammy West (R),  Max Wolfley (R),  Tom Woods (R), 

Last Action

Approved by Governor 02/27/2024 (on 02/27/2024)

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