{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-1357.5","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-1357.5","heading":"Aircraft maintenance or manufacturing facilities -","body":"Sales of tangible property consumed or incorporated in construction\n\nor expansion - Sales tax refund - Computation of interest -\n\nDocumentation of claims - Affidavits by contractors.\n\nA. In order to administer the exemption for sales to a\n\nqualified aircraft maintenance or manufacturing facility as provided\n\nby paragraph 12 of Section 1357 of this title, there shall be made a\n\nsales tax refund for state and local sales taxes paid by a qualified\n\npurchaser for tangible personal property purchased to be consumed or\n\nincorporated in the construction or expansion of a qualified\n\naircraft maintenance or manufacturing facility, as defined in\n\nparagraph 11 of Section 1357 of this title, in the state from the\n\naccount created by this section.\n\nB. The Oklahoma Tax Commission shall transfer each month from\n\nsales tax collected the amount which the Commission estimates to be\n\nnecessary to make the sales tax refund provided by this section to\n\nan account designated as the Commission determines.\n\nC. Any refund shall be paid from the account prescribed by this\n\nsection at the time the claim for refund is approved by the Oklahoma\n\nTax Commission. The amount of the refund shall not exceed the total\n\nstate and local sales taxes paid together with accrued interest upon\n\nsuch total. The amount of interest paid to a qualified aircraft\n\nmaintenance or manufacturing facility upon the principal amount of\n\nany refund made to such facility for purposes of administering the\n\nexemption provided by paragraph 12 of Section 1357 of this title,\n\nshall be determined according to the provisions of this subsection.\n\nFor any month during which the Oklahoma Tax Commission transfers a\n\nsum to the account prescribed by subsection B of this section, the\n\nCommission shall determine an interest rate by determining the rate\n\nof interest paid for a three-month Treasury Bill of the United\n\nStates government as of the first working day of the month in which\n\nthe transfer is made. The interest rate so determined shall accrue\n\nupon the amount transferred to the account. In each subsequent\n\nmonth, the Commission shall determine the interest rate paid for a\n\nthree-month Treasury Bill of the United States government as of the\n\nfirst working day of the month and such interest rate shall accrue\n\nupon any amount transferred during the month and upon the amounts\n\npreviously transferred to the account together with interest\n\npreviously accrued upon such amounts.\n\nD. For purposes of this section, state and local sales taxes\n\npaid by a contractor or subcontractor for tangible personal property\n\npurchased by that contractor or subcontractor to be consumed or\n\nincorporated in the construction or expansion of a qualified\n\naircraft maintenance or manufacturing facility pursuant to a\n\ncontract with a qualified facility shall, upon proper showing, be\n\nrefunded to the qualified facility.\n\nE. The qualified purchaser shall file, within thirty-six (36)\n\nmonths of the date of purchase, with the Oklahoma Tax Commission the\n\nfollowing documentation for any refund claimed:\n\n1. Invoices indicating the amount of state and local sales tax\n\nbilled;\n\n2. Affidavit of each vendor that state and local sales tax\n\nbilled has not been audited, rebated, or refunded to the qualified\n\npurchaser but rather the sales tax charged has been collected by the\n\nvendor and remitted to the Oklahoma Tax Commission; and\n\n3. All additional documentation required to be submitted\n\npursuant to rules promulgated by the Oklahoma Tax Commission.\n\nF. In the event that state and local sales tax was paid by a\n\ncontractor or subcontractor, the qualified purchaser shall file with\n\nthe Oklahoma Tax Commission all documentation required in subsection\n\nE of this section but in lieu of the affidavit of each vendor the\n\nqualified facility shall file, for any refund claimed, an affidavit\n\nfrom the contractor or subcontractor stating that the sales tax\n. In the event that state and local sales tax was paid by a\n\ncontractor or subcontractor, the qualified purchaser shall file with\n\nthe Oklahoma Tax Commission all documentation required in subsection\n\nE of this section but in lieu of the affidavit of each vendor the\n\nqualified facility shall file, for any refund claimed, an affidavit\n\nfrom the contractor or subcontractor stating that the sales tax\n\nrefund of the qualified purchaser is based on state and local sales\n\ntax paid by the contractor or subcontractor on tangible personal\n\nproperty purchased to be consumed or incorporated in the\n\nconstruction or expansion of a qualified aircraft maintenance\n\nfacility and that the amount of state and local sales tax claimed\n\nwas paid to the vendor and no credit, refund, or rebate has been\n\nclaimed by the contractor or subcontractor.\n\nG. Only sales of tangible personal property made after the\n\neffective date of this act, shall be eligible for the refund\n\nestablished by this section.\n\nH. The qualified purchaser shall file, within sixty (60) months\n\nof the date of the first purchase, with the Oklahoma Tax Commission\n\na certification issued by the Oklahoma Employment Security\n\nCommission in order to qualify for the refund authorized by this\n\nsection.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"ea10f35a8501e3ffd8624d82e3e437166f22eb0ce26bae787c85aeb213d6dfe9","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-1357.4","next":"us-ok/okla.-stat.-tit.-68-68-1357.6"},"notice":"GroundRules: Original legal text. Not legal advice."}