HB4340

Oklahoma HB4340 amends sales tax exemptions to include sales of frack water for hydraulic fracturing operations.

Oklahoma HB4340 amends the Oklahoma Sales Tax Code to include an exemption for sales of frack water, specifically for use in hydraulic fracturing or other well completion or stimulation operations in the exploration, drilling, or production of oil or gas. This exemption applies only to direct use in such operations and does not cover sales of water for any other purpose. The bill also includes various other exemptions and clarifications related to sales tax, such as those for aircraft maintenance facilities, Meals on Wheels programs, and certain telecommunications services.