For Immediate Release: March 13, 2007
Senator Jay Paul Gumm Senator
Don Barrington
Bipartisan Sales Tax Holiday Measure Approved by Full
Senate
A
measure that would enact a “back-to-school” sales tax holiday in
Oklahoma was approved on Tuesday by the full Senate.
The two authors of the bipartisan proposal said the bill will
help keep consumer dollars in the state. Under Senate Bill 861,
the Oklahoma sales tax holiday would be held on the same days as
the Texas holiday.
The bill was authored by Democratic Sen.
Jay Paul Gumm and
Republican Sen.
Don Barrington.
Under the provisions of the bill, shoes and clothing priced at
less than $100 would be tax free during the first Friday,
Saturday and Sunday in August.
“I’m pleased we were able to join together and approve a
positive measure that benefits Oklahoma families and provides an
economic boost to the state,” said Barrington, R-Lawton. “With
an evenly divided Senate, it’s more important than ever that we
work together as a body to pass legislation that benefits all
Oklahomans.”
Gumm explained that Texas’ sales tax holiday has become a
preferred shopping time for many Oklahomans.
“My
district borders Texas and I know how many people are saving up
to make that trip and spend their money outside the state,” said
Gumm, D-Durant. “This measure saves Oklahomans the travel, and
keeps millions of dollars in the state. This is a good bill for
families and retailers – today’s vote is good news for the
state.”
Barrington noted that the measure would reimburse cities and
counties that lose any revenue due to the sales tax holiday.
The
measure will now advance to a House committee for consideration.
For more information contact:
Senator Gumm's Office - (405) 521-5586
Senator Barrington's Office - (405) 521-5563