Bill > HB1867

This bill expands Oklahoma's existing sales tax holiday to include school supply items alongside clothing and footwear, creating a three-day tax exemption period in early August. During this period, clothing and footwear under $100 and school supply items under $50 will be exempt from state, county, and municipal sales taxes. The State Board of Education will be required to annually publish an official list of qualifying school supply items. The bill maintains existing exemptions and restrictions, such as excluding athletic or protective clothing, accessories, and clothing rentals. The tax exemption will apply to both state-level and local municipal sales taxes, ensuring a consistent approach across different levels of government. The provisions will become effective on July 1, 2025, with an emergency clause suggesting the immediate importance of the legislative change. This modification aims to provide financial relief to families by reducing the cost of back-to-school purchases during a specific weekend in August each year.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1867&Session=2600