Oklahoma 2022 2022 Regular Session

Oklahoma Senate Bill SB1781 Engrossed / Bill

Filed 02/16/2022

                     
 
ENGR. S. B. NO. 1781 	Page 1  1 
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ENGROSSED SENATE 
BILL NO. 1781 	By: Rader of the Senate 
 
  and 
 
  Talley of the House 
 
 
 
 
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 aircraft; modifying 
report requirements; updating statutory reference; 
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 requ ire 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) da ys 
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 
from the aircraft excise tax pursuant to Section 600 3 of this title,   
 
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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 fai l or refuse 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. 
Passed the Senate the 15th day of February, 2022. 
 
 
  
 	Presiding Officer of the Sen ate 
 
 
Passed the House of Representatives the ____ day of __________, 
2022. 
 
 
  
 	Presiding Officer of the House 
 	of Representatives