{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-2358.5","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-2358.5","heading":"Interest on certain governmental obligations exempt","body":"from income tax.\n\nA. Interest on local governmental obligations issued after the\n\neffective date of this act for purposes other than to provide\n\nfinancing for projects for nonprofit corporations shall be exempt\n\nfrom Oklahoma income taxation. For these purposes, local\n\ngovernmental obligations shall include bonds or notes issued by, or\n\non behalf of, or for the benefit of Oklahoma educational\n\ninstitutions, cities, towns, or counties or by public trusts of\n\nwhich any of the foregoing is a beneficiary.\n\nB. Interest on governmental obligations issued by the Oklahoma\n\nDepartment of Transportation after the effective date of this act\n\nfor purposes of highway construction and maintenance shall be exempt\n\nfrom Oklahoma income taxation.","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":"de8149962835a75ff5e10ffc9acf29467f5c1b513d40f09b4e325fdafbfc43c6","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-2358.4","next":"us-ok/okla.-stat.-tit.-68-68-2358.5-1"},"notice":"GroundRules: Original legal text. Not legal advice."}