Oklahoma HB2218 establishes the Local Music Incentive Act of 2025 to provide tax rebates for eligible venue entities hosting local music performances.
Oklahoma HB2218, the Local Music Incentive Act of 2025, creates a program to provide tax rebates to eligible venue entities for hosting local music performances. Eligible venues can apply for rebates on sales tax or mixed beverage gross receipts tax, or both, based on revenues collected during the performance period. The rebate amount varies depending on the venue's capacity, with smaller venues eligible for a higher percentage of the applicable taxes.
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