Oklahoma – Rolling Stock Exemption Extended

SALT Report 2563 – Recently enacted legislation in Oklahoma extends the sales and use tax exemption for rolling stock when sold or leased by the manufacturer through June 30, 2019. The exemption applies regardless of whether the purchaser is a public services corporation engaged in business as a common carrier of property or passengers by railway, or if it will be used or consumed by a common carrier directly in the rendition of a public service.

The exemption for rolling stock was originally scheduled to sunset on June 30, 2014.

For Further Information

Oklahoma State Legislature – House Bill 2310, Laws 2013


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