Interim Study Examines How Tax Exemptions Support Nonprofits
OKLAHOMA CITY – Reps. Marilyn Stark, R-Bethany, and Suzanne Schreiber, D-Tulsa, hosted an interim study examining how sales tax exemptions impact nonprofit organizations across Oklahoma. The study brought together leaders from a range of nonprofits to share how tax exemptions help them serve their communities and strengthen local economies. “This discussion shed light on the important role nonprofits play in supporting Oklahomans and how sales tax exemptions allow them to stretch their resources further,” Stark said. “I want to thank all the individuals who came to share what they are doing for Oklahoma families and children. Their insight will help guide future policy decisions to ensure these organizations can continue meeting community needs.” Presenters included representatives from the Oklahoma Center for Nonprofits, RG Foods, Jubilee Partners, Skyline Urban Outreach, The Pencil Box, Tulsa Police Foundation, Blue Rose Ranch and the Legacy Parenting Center. They discussed how tax exemptions help nonprofits expand services, increase outreach and reinvest in their missions. Representative Schreiber said “these nonprofits deliver for our communities in so many ways. I’m glad we can look at how make their dollars go further to support the needs of Oklahomans.” Stark and Schreiber said they plan to continue reviewing ways to ensure tax policies support nonprofit work while maintaining accountability and fiscal responsibility.