The bill amends 68 O.S. 2021, Section 1503, which governs the licensing fees for coin-operated music and amusement devices. It introduces gender-neutral language by replacing "his" with "his or her" and updates the annual fee structure for various types of coin-operated devices. Specifically, the fee for each coin-operated music or amusement device is reduced from Seventy-five Dollars ($75.00) to Fifty Dollars ($50.00). The bill also clarifies the fee requirements for vending devices based on their value and distribution mechanisms.
Additionally, the bill allows the Oklahoma Tax Commission to issue special decals for coin-operated devices that are available for public use for a limited time, such as during fairs or seasonal events. The fee for these special decals is calculated at one-tenth (1/10) of the annual rate for each month the device is in operation. The act is set to take effect on January 1, 2026.