SB 861 - Sales Tax Holiday - Oklahoma Key Vote

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Title: Sales Tax Holiday

Vote Smart's Synopsis:

Vote to pass a bill that provides a temporary sales tax exemption on items of footwear and certain items of clothing.

Highlights:

-Provides revenue to municipalities and counties equal to the amount of revenue lost from the sales tax exemptions (sec. 1). -Provides that the sales tax exemption will start on the first Friday in August and end on the following Sunday (sec. 2). -Excludes from the exemption clothing and footwear that is explicitly designed for athletic use, accessory items, clothing and footwear rentals, and any items over $100 (sec. 2). -Declares an emergency, making the bill effective from the date of its passage and approval (sec. 7).

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