Req. No. 2623 Page 1 1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
STATE OF OKLAHOMA
2nd Session of the 58th Legislature (2022)
SENATE BILL 1781 By: Rader
AS INTRODUCED
An Act relating to aircraft excise tax; amending 68
O.S. 2021, Section 6004, which rela tes to the report
on transfer of legal ownership a ircraft; modifying
report requirements; and providing an effective date .
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. AMENDATORY 68 O.S. 2021, Secti on 6004, is
amended to read as follows:
Section 6004. The Tax Commission shall require every person
licensed as a dealer in aircraft pursuant to the provisions of
Sections 251 through 257 of Title 3 of the O klahoma Statutes to make
a report to the Tax Com mission within a period of thirty (30) days
after the transfer by such person of the legal ownership of any
aircraft. The report shall be made on a form prescribed and
furnished by the Tax Commission, showin g the name and address of the
purchaser, a description of the aircraft , including the name of the
manufacturer, the Federal Aviation Administration registration
number of the aircraft, the type and year manufactured, the serial
number, the date of the tran sfer, whether the aircraft is exempt
Req. No. 2623 Page 2 1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
from the aircraft excise tax pursuant to Section 6003 of this title,
and the amount of the sale price. The Tax Commission may cancel or
suspend the license of any person licensed as a dealer in aircraft
pursuant to the provisions of Sections 2 51 through 257 of Title 3 of
the Oklahoma Statutes who shall fail or refu se to comply with the
provisions of Sections 2 6001 through 8 6007 of this act title.
SECTION 2. This act shall become effective November 1, 2022.
58-2-2623 QD 1/20/2022 7:29:04 PM