Bill
Bill > HB4178
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
2026 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 392, O.S.L. 2025 (68 O.S. Supp. 2025, Section 1356), which relates to sales tax exemptions; providing for exemption to certain public trusts; providing an effective date; and declaring an emergency.
AI Summary
This bill amends existing Oklahoma law regarding sales tax exemptions to include public trusts with a municipality as the beneficiary, meaning these specific public trusts will now be exempt from paying sales tax on purchases. The bill also specifies an effective date of July 1, 2026, and declares an emergency, meaning it will take effect immediately upon passage and approval to ensure the preservation of public peace, health, or safety.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Appropriations and Budget Finance Subcommittee (on 02/03/2026)
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=hb4178&Session=2600 |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB4178%20INT.PDF |
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