Revenue and taxation; sales tax; exemptions; Oklahoma Tax Commission; exemption card; effective date.

Summary

The bill amends Oklahoma’s sales‑tax code to exempt a range of items and services, including school bus rides, low‑fare local transport, certain advertising, residential electricity and gas, prescription drugs, and purchases made by qualified charitable organizations. It requires buyers to certify eligibility on the invoice and vendors to confirm that the price has been reduced to grant the exemption. The changes are intended to lower costs for schools, low‑income residents, and nonprofit programs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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