Oklahoma SB1211 amends ad valorem tax exemptions for manufacturing facilities, prohibiting certain entities from receiving exemptions.
Oklahoma SB1211 amends the exemption from ad valorem taxes for manufacturing facilities by prohibiting entities employing H-1B nonimmigrants from qualifying for the exemption. The bill updates statutory language and specifies that the changes will take effect on January 1, 2027. It also includes provisions for the application process, eligibility criteria, and the role of the Oklahoma Tax Commission in administering the exemptions.
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