The bill amends Section 1356 of Title 68 of the Oklahoma Statutes to enhance sales tax exemptions for governmental and nonprofit entities, particularly focusing on organizations that provide clothing or supplies to certain students. It requires these organizations to submit specific documentation to qualify for the exemption. The bill also updates statutory language for clarity, replacing terms such as "Association" with "Alliance" in references to museums and adding the phrase "as amended" to various sections regarding the Internal Revenue Code. Furthermore, it specifies that certain sales made by public and private schools and various nonprofit organizations are exempt from sales tax, provided they meet specific criteria.

In addition to these changes, the bill removes outdated terminology, such as replacing "handicapped" with "disabled," and updates naming conventions for "Career Technology Student Organizations." It outlines the process for claiming sales tax refunds for eligible organizations, establishing a cap on the total amount of refunds that can be claimed in a fiscal year. The bill aims to streamline the tax exemption process while ensuring that benefits are directed to organizations that genuinely serve the community, particularly those involved in education, health support, and assistance to underserved populations.

Statutes affected:
Introduced: 68-1356
Floor (House): 68-1356
Floor (Senate): 68-1356
Engrossed: 68-1356
Amended And Engrossed: 68-1356
Enrolled (final version): 68-1356