House Bill 1864 amends the Oklahoma Sales Tax Code to introduce new sales tax exemptions specifically for veterans. The bill establishes an exemption for sales of tangible personal property or services to Oklahoma residents who have been honorably discharged from active service in any branch of the Armed Forces or the Oklahoma National Guard. This initiative aims to provide financial relief to veterans by allowing them to make certain purchases without incurring sales tax. Additionally, the bill clarifies and expands existing exemptions related to various sectors, including transportation and food products.

Furthermore, the bill addresses sales tax exemptions for disabled veterans and their surviving spouses, allowing eligible individuals—such as those receiving disability compensation at the one-hundred-percent rate from the U.S. Department of Veterans Affairs—to benefit from these exemptions. The proposed limits are set at $25,000 for non-vehicle purchases and $20,000 for vehicle purchases per individual while the disabled veteran is living, with specific conditions regarding the use of vehicle exemptions. The bill also provides for the issuance of exemption cards by the Oklahoma Tax Commission for authorized household members and requires individuals claiming exemptions to submit a sworn statement regarding their purchases. The act is scheduled to take effect on November 1, 2025.

Statutes affected:
Introduced: 68-1357
Floor (House): 68-1357