An Act
ENROLLED SENATE
BILL NO. 72 By: Bergstrom of the Senate
and
Lepak of the House
An Act relating to sales and use tax; repealing 68
O.S. 2021, 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 .
SUBJECT: Tax exemption repeal
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. REPEALER 68 O.S. 2021, Sections 54001, 54002,
54003, 54004, and 54005 , are hereby repealed.
SECTION 2. This act shall become effective November 1, 2022.
ENR. S. B. NO. 72 Page 2
Passed the Senate the 14th day of March, 2022.
Presiding Officer of the Sen ate
Passed the House of Representatives the 27th day of April, 2022.
Presiding Officer of the House
of Representatives
OFFICE OF THE GOVERNOR
Received by the Office of the Governor this _______ _____________
day of _________________ __, 20_______, at _______ o'clock __ _____ M.
By: _______________________________ __
Approved by the Governor of the State of Oklahoma this _____ ____
day of _________________ __, 20_______, at _______ o'clock _______ M.
_________________________________
Governor of the State of Oklahoma
OFFICE OF THE SECRETARY OF STATE
Received by the Office of the Secretary of State this _______ ___
day of __________________, 20 _______, at _______ o'clock _______ M.
By: _______________________________ __