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Bill > SB47
OK SB47
OK SB47Taxation; modifying special license fee for coin-operated music and amusement devices. Effective date.
summary
Introduced
02/03/2025
02/03/2025
In Committee
02/10/2025
02/10/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
An Act relating to fee on coin-operated music and amusement devices; amending 68 O.S. 2021, Section 1503, which relates to amount of license fee; making language gender neutral; modifying annual fee on certain coin-operated devices; updating statutory language; and providing an effective date.
AI Summary
This bill modifies the special license fee for coin-operated music and amusement devices in Oklahoma by reducing the annual fee for each coin-operated music or amusement device from $75.00 to $50.00, while making the language gender-neutral by replacing "his" with "his or her" throughout the text. The bill clarifies the requirements for various types of coin-operated devices, including vending machines of different price points and bulk vending devices, and maintains the provision for special decals for devices used temporarily at seasonal events like fairs and carnivals. The fee structure remains comprehensive, covering different types of coin-operated devices and specifying that the annual fee is in lieu of sales tax. The bill allows the Oklahoma Tax Commission to issue special decals for devices used for less than a full year, with fees calculated at one-tenth of the annual rate for each calendar month of use. The legislation will become effective on January 1, 2026, providing ample time for businesses to prepare for the changes in licensing fees.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Appropriations (on 02/10/2025)
Official Document
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