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STATE OF OKLAHOMA
1st Session of the 58th Legislature (2021)
SENATE BILL 72 By: Bergstrom
AS INTRODUCED
An Act relating to sales and use tax; repealing 68
O.S. 2011, Sections 54001, 54002, 54003, 54004 and
54005, which relate to the Oklahoma Research and
Development Incentives Act; repealing sales and use
tax exemption for qualified purchases by qualified
purchasers; and providing an effective date .
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. REPEALER 68 O.S. 2011, Sections 54001, 54002,
54003, 54004 and 54005 , are hereby repealed.
SECTION 2. This act shall become effective November 1, 2021.
58-1-57 JCR 12/1/2020 3:44:57 PM