§ 2601. Power to levy and assess tax--Tax in lieu of other taxes
Oklahoma Statutes AnnotatedTitle 68. Revenue and Taxation
68 Okl.St.Ann. § 2601
§ 2601. Power to levy and assess tax--Tax in lieu of other taxes
The power is hereby vested in the governing body of any city or town in the State of Oklahoma to levy and assess, by ordinance, an annual tax upon the gross receipts from residential and commercial sales of power, light, heat, gas, electricity or water in said city or town in an amount not exceeding two (2%) per cent of the gross receipts from residential and commercial sales, which tax shall be in lieu of any other franchise, license, occupation or excise tax, levied by such city or town.
Credits
Laws 1935, p. 131, § 1, emerg. eff. May 8, 1935. Renumbered from Title 68, § 1201 by Laws 1965, c. 215, § 1.
68 Okl. St. Ann. § 2601, OK ST T. 68 § 2601
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
| End of Document |