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OK HB4197

OK HB4197
Revenue and taxation; sales tax exemptions; nonprofit entities; public safety functions; effective date; emergency.


summary

Introduced
02/02/2026
In Committee
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 for certain nonprofit entities supporting public safety functions; providing an effective date; and declaring an emergency.

AI Summary

This bill amends existing law to provide a sales tax exemption for certain nonprofit entities that support public safety functions, meaning these organizations will no longer have to pay sales tax on purchases related to their public safety work. The bill also specifies an effective date of July 1, 2026, and declares an emergency, allowing the law to take effect immediately upon passage and approval.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Appropriations and Budget Finance Subcommittee (on 02/03/2026)

bill text


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