OKLAHOMA CITY — The Oklahoma Legislature has sent a bill to the governor’s desk that proponents hope will help the state collect more revenue from online purchases.
The Oklahoma House of Representatives on Thursday approved a final version of House Bill 2531, which would require retailers to notify their Oklahoman customers they may owe taxes on their online purchases when filing state tax returns.
The bill would also require these retailers to provide Oklahomans with an annual report of how much they spent on online purchases.
The Oklahoma Tax Commission does not expect the bill to have an impact on next year’s budget, if signed. Bill supporters say the proposal would help some local retailers struggling to compete with their out-of-state, online competitors.