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Bill > HB1854
OK HB1854
OK HB1854Revenue and taxation; sales tax; exemptions; nonprofit entities; effective date; emergency.
summary
Introduced
02/03/2025
02/03/2025
In Committee
02/04/2025
02/04/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
An Act relating to revenue and taxation; amending 68 O.S. 2021, Section 1356, as last amended by Section 1, Chapter 444, O.S.L. 2024 (68 O.S. Supp. 2024, Section 1356), which relates to sales tax exemptions; providing sales tax exemptions for certain nonprofit entities; providing an effective date; and declaring an emergency.
AI Summary
This bill amends Oklahoma's sales tax exemption statute to add two new categories of nonprofit organizations that will be exempt from sales tax. First, the bill provides a sales tax exemption for organizations that provide school supplies or clothing for underserved students attending pre-K through 12th grade at public schools in Oklahoma. The exemption includes not just sales of supplies and clothing, but also materials used in constructing or improving buildings owned by these organizations. Second, the bill creates a sales tax exemption for organizations that provide support to law enforcement officers in any municipality and have 501(c)(3) tax-exempt status. The bill will become effective on July 1, 2025, and includes an emergency clause, which means the legislation can take effect immediately upon passage. The bill is part of Oklahoma's ongoing efforts to provide tax relief and support for certain nonprofit organizations that serve specific community needs, in this case focusing on education and law enforcement support.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
House A&B Finance Subcommittee Hearing (13:30:00 2/13/2025 Room 450) (on 02/13/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1854&Session=2600 |
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1854&Session=2500 |
| Fiscal Note/Analysis - House: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/House/HB1854%20INT%20BILLSUM.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB1854%20INT.PDF |
| Fiscal Note/Analysis - House: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/House/HB1854%20INT%20BILLSUM.PDF |
| Fiscal Note/Analysis - House: Introduced | https://www3.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/House/HB1854%20INT%20BILLSUM.PDF |
| BillText | https://www3.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB1854%20INT.PDF |
| BillText | http://webserver1.lsb.state.ok.us/cf_pdf/2025-26%20INT/hB/HB1854%20INT.PDF |
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