Senate Bill No. 465 amends Section 2-129 of the Oklahoma Alcoholic Beverage Control Act to update the statutory references and language regarding charitable alcoholic beverage licenses. The bill allows charitable organizations exempt from taxation under specific sections of the Internal Revenue Code to obtain licenses for conducting wine, spirit, and beer events aimed at raising funds for charitable purposes. Notably, the bill removes references to certain sections of the tax code while adding 501(c)(10) and 501(c)(19) as eligible categories. Additionally, it specifies that institutions of higher education in Oklahoma are exempt from the maximum number of licenses issued annually, allowing them to hold more events without restriction.

The legislation also clarifies the types of events that can be held under these licenses, including tastings, dinners, and auctions, and outlines the conditions under which these events can take place. It establishes that a charitable alcoholic beverage event license is valid for up to four days, while a charitable auction license is valid for two days, with a limit on the number of licenses issued to organizations each year. However, the bill exempts higher education institutions from these limits. Furthermore, it allows for the use of licensed caterers to provide additional alcohol services at events and specifies that no license is required for certain organizations if the event is not primarily for fundraising.