{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-1404.4","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-1404.4","heading":"Aircraft maintenance or manufacturing facilities -","body":"Sales of tangible personal property consumed or incorporated in\n\nconstruction or expansion - Use tax refund - Computation of interest\n\n- Taxes paid by contractors - Documentation of claims - Affidavits -\n\nFiling of certification.\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, as applicable to the\n\nuse tax imposed by law, there shall be made a use tax refund for\n\nstate and local taxes paid by a qualified purchaser for tangible\n\npersonal property purchased to be consumed or incorporated in the\n\nconstruction or expansion of a qualified aircraft maintenance or\n\nmanufacturing facility in the state from the account created by this\n\nsection.\n\nB. The Oklahoma Tax Commission shall transfer each month from\n\nuse tax collected the amount which the Commission estimates to be\n\nnecessary to make the use tax refund provided by this section to an\n\naccount 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 use 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 use taxes paid\n\nby a contractor or subcontractor for tangible personal property\n\npurchased by that contractor or subcontractor to be consumed or\n\nincorporated in the construction of a qualified aircraft maintenance\n\nor manufacturing facility pursuant to a contract with a qualified\n\nfacility shall, upon proper showing, be refunded to the qualified\n\nfacility.\n\nE. The qualified facility 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 use tax\n\nbilled;\n\n2. Affidavit of each vendor that state and local use tax billed\n\nhas not been audited, rebated, or refunded to the qualified facility\n\nbut rather the use tax charged has been collected by the vendor and\n\nremitted 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 use 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 use tax refund\nn the event that state and local use 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 use tax refund\n\nof the qualified purchaser is based on state and local use tax, paid\n\nby the contractor or subcontractor on tangible personal property\n\npurchased to be consumed or incorporated in the construction of a\n\nqualified aircraft maintenance or manufacturing facility and that\n\nthe amount of the state and local use tax claimed was paid to the\n\nvendor and no credit, refund, or rebate has been claimed by the\n\ncontractor 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 facility 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":"535c841af274994019fa7576e9bc8fa76e61fe60e2ae1854d560f644ac9f76f6","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-1404.3","next":"us-ok/okla.-stat.-tit.-68-68-1404.5"},"notice":"GroundRules: Original legal text. Not legal advice."}