The bill amends Section 1356 of Title 68 of the Oklahoma Statutes to introduce new sales tax exemptions for nonprofit entities that support public safety functions, aiming to provide financial relief and encourage their operations within the community. Additionally, it includes a minor technical correction by changing the phrasing from "municipally-owned" to "municipally owned." The bill declares an emergency, allowing the changes to take effect immediately upon passage, which will enable eligible nonprofit entities to benefit from the sales tax exemption without delay.

Furthermore, the bill expands the categories of organizations eligible for sales tax exemptions, specifically targeting those that support governmental entities, law enforcement, firefighting, and fire prevention services, as well as organizations supplying school supplies or clothing to underserved students. It establishes requirements for these organizations to provide documentation to the Oklahoma Tax Commission to qualify for exemptions, emphasizing the need to demonstrate that their activities serve public or charitable purposes. The effective date for these changes is set for July 1, 2026, with an emergency clause ensuring immediate implementation upon passage and approval.

Statutes affected:
Introduced: 68-1356