Oklahoma HB1864 amends sales tax exemptions, including those for veterans and certain nonprofit organizations.
Oklahoma HB1864 modifies sales tax exemptions under the Oklahoma Sales Tax Code. It exempts certain purchases by veterans, including nonvehicle and vehicle purchases, provided they meet specific criteria. The bill also exempts sales to organizations that deliver meals to the elderly or operate facilities employing at least 250 new full-time-equivalent employees. Additionally, it exempts sales of tangible personal property for the construction or expansion of qualified aircraft maintenance or manufacturing facilities.
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