Bill Text For SB1486 - Engrossed Amendments

 1|ENGROSSED HOUSE AMENDMENTS                                             |
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 2|ENGROSSED SENATE BILL NO. 1486       By: Jech and David of the         |
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  |                                         Newton of the House           |
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 7|       An Act relating to sales and use tax; amending 68               |
  |       O.S. 2021, Sections 1355 and 1404, which relate to              |
 8|       exemptions on the sale of a motor vehicle; modifying            |
  |       the basis upon which gross receipts are calculated              |
 9|       for the purposes of sales tax and purchase price is             |
  |       calculated for the purposes of use tax; and providing           |
10|       an effective date.                                              |
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12|AUTHOR:  Add the following House Coauthor: Bashore                     |
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13|AUTHOR:  Add the following Senate Coauthor: Allen                      |
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14|AMENDMENT NO. 1.  Page 1, lines 6 through 9, strike title to read      |
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15|       "[ sales and use tax  modifying the basis upon which            |
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16|         gross receipts are calculated for the purposes of             |
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17|         sales tax and purchase price is calculated                    |
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18|         effective date ]"                                             |
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20|AMENDMENT NO. 2.  Page 1, line 11, strike the enacting clause          |
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  |    Passed the House of Representatives the 26th day of April, 2022.   |
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  |    Passed the Senate the ____ day of __________, 2022.                |
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