This bill amends existing Oklahoma tax law to expand the sales tax exemption during the designated sales tax-free weekend for clothing and footwear to include school supply items. Specifically, it modifies 68 O.S. 2021, Section 1357.10, to state that both clothing and footwear, as well as school supply items, will be exempt from sales tax if their sales prices are below specified thresholds—$100 for clothing and footwear and $50 for school supplies. The bill also defines "school supply items" and mandates that the State Board of Education will provide an official list of these items annually.

Additionally, the bill amends Sections 1377 and 2701 to ensure that the exemption for school supply items applies to county and municipal sales taxes as well. This means that the sale of school supplies will not be subject to sales tax imposed by counties or incorporated cities and towns, aligning with the exemptions provided in Section 1357.10. The bill is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage and approval.