The bill amends Section 1356 of Title 68 of the Oklahoma Statutes to expand sales tax exemptions for governmental and nonprofit entities, specifically including organizations that rescue and shelter animals. This addition aims to provide tax relief to animal rescue organizations, enhancing support for their efforts. The bill also updates the terminology by replacing "Boy Scouts of America" with "Scouting America," thereby broadening the recognition of scouting organizations while maintaining the existing framework for tax exemptions.

In addition to these changes, the bill introduces new exemptions related to tangible personal property and services for space facilities and related technologies, clarifying the definition of "section 38 property" by referencing the Internal Revenue Code. It establishes specific conditions for these exemptions, including the requirement for affidavits for certain purchases and limits on the total amount of sales tax exemptions claimed. Furthermore, the bill aims to support various charitable organizations, including those assisting veterans and disaster recovery efforts, while ensuring compliance with tax regulations. A future effective date of November 1, 2026, is set for these changes, allowing organizations time to adapt to the new requirements.

Statutes affected:
Introduced: 68-1356