Revenue and taxation; sales tax exemptions; income tax; disabled veterans; effective date.

HB 1972 amends Oklahoma's sales tax code to expand an existing exemption for organizations serving vulnerable populations. Specifically, it adds "disabled veterans" to the list of qualifying groups eligible for tax exemptions on sales of tangible personal property. This change means businesses selling goods to organizations that provide services directly to disabled veterans (such as housing, meals, or care programs) would no longer charge sales tax on those transactions. The bill modifies Section 1357 of Oklahoma's tax code, which already exempts sales to certain 501(c)(3) organizations providing meals or services to elderly, homebound, or needy individuals. The change applies to organizations meeting the existing criteria under Section 501(c)(3) of the Internal Revenue Code.