The bill amends Section 1356 of Title 68 of the Oklahoma Statutes to expand sales tax exemptions for governmental and nonprofit entities. A key addition is the exemption for organizations that support municipal law enforcement, fire departments, emergency medical services, and first responder canine training facilities, acknowledging their vital role in community safety. The bill also updates statutory language, replacing "Boy Scouts of America" with "Scouting America" for inclusivity, and clarifies the conditions under which various entities, including educational institutions and health centers, can qualify for sales tax exemptions.

Furthermore, the bill introduces specific exemptions related to tangible personal property and services associated with space facilities and nonprofit organizations. It modifies the definition of "section 38 property" to align with the Internal Revenue Code, ensuring clarity on qualifying properties for tax exemptions. The bill also outlines conditions for exemptions for organizations serving youth athletic teams, veterans, and the homeless, including requirements for affidavits and limits on total exemptions. Overall, the bill aims to enhance support for community organizations and promote space-related activities through these tax relief measures, with an effective date set for November 1, 2026.

Statutes affected:
Introduced: 68-1356