Bill > SB50

This bill amends Oklahoma's sales tax code to create a new exemption for firearm and gun safety devices. The bill defines two key terms: "firearm safety device" includes items like gun safes, gun cases, gun lock boxes, trigger locks, and barrel locks that can only be unlocked by a key, combination, or similar means; and "gun safety device" refers to integral devices that can be installed on a firearm to restrict its operation to only specified persons through computerized locking mechanisms or other permanent technological means. The sales tax exemption for these devices aims to encourage the responsible storage and use of firearms by making safety equipment more affordable. The bill will become effective on November 1, 2025, providing gun owners with a financial incentive to purchase additional safety equipment for their firearms. This legislative change reflects a policy approach that seeks to promote firearm safety by reducing the financial barrier to obtaining protective storage and operational safety devices.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb50&Session=2600