Revenue and taxation; sales tax; sales-tax-free weekend; school supplies; exemptions; effective date; emergency.

HB 1867 expands Oklahoma's annual sales-tax-free weekend to include school supply items, making them exempt from state and local sales taxes during the three-day period beginning August 1st. School supplies must cost less than $50 (compared to the $100 limit for clothing/footwear) and exclude athletic wear, accessories, and rentals. This change directly affects students, parents, and retailers selling school supplies during the designated tax-free period. The bill amends existing tax exemption statutes to formally include school supplies on the annual tax-free weekend, which applies to all incorporated cities and towns.