Bill > SB59

This bill provides a sales tax exemption for an organization that is exempt from federal income tax under Section 501(c)(3) and whose principal purpose is to provide school supplies or articles of clothing for underserved students attending public schools from prekindergarten through twelfth grade in Oklahoma. The bill amends existing sales tax law to add this specific exemption to the list of organizations and entities that are not required to pay sales tax when purchasing tangible personal property or services. By creating this exemption, the bill aims to support nonprofit organizations that help provide essential school supplies and clothing to students who may have limited financial resources. The bill will become effective on November 1, 2025, giving organizations time to prepare for the new tax exemption and potentially expand their support for students in need.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb59&Session=2600