Oklahoma's Latest Farm
And Ranch News

Your Update from Ron Hays of RON
Thursday, May 27, 2021
AFR Pleased with Passage of Ag Sales Tax Exemption Legislation
American Farmers & Ranchers (AFR) Cooperative is pleased with agriculture sales tax exemption legislation recently passed by the Oklahoma Legislature. Senate Bill 422, authored by Sen. Frank Simpson (R-Springer) and Rep. Dell Kerbs (R-Shawnee), passed the Senate 45-0 May 19 and the House 96-0 May 24.

SB 422 provides clarification and flexibility to farmers and ranchers applying for or renewing an agricultural sales tax exemption permit. Applicants can now qualify for the exemption by providing satisfactory documentation from one of four categories—a federal tax form, such as a
Schedule F, Form 4835, Form 1065, or an equivalent IRS form; a one-page business description form provided by the Oklahoma Tax Commission; a USDA FSA number or program form; or other documents the Oklahoma Tax Commission sees fit to verify involvement in production agriculture.

“Oklahoma’s farmers and ranchers are an integral part of our state’s economy; it is essential we foster a regulatory environment that keeps farming operations successful and encourages the next generation of producers,” said AFR President Scott Blubaugh. “Clarifying Oklahoma’s agricultural sales tax exemption process will provide certainty to our producers, while also providing eligibility guidelines for regulators that ensure the ag sales tax exemption is reserved for active farmers and ranchers."

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At the 2021 Oklahoma Grain and Feed Association annual meeting on May 4th, we recorded the lunch time conversation between OGFA CEO and President Jeff Hickman and Oklahoma State University President Designate Dr. Kayse Shrum, who will officially become the 19th President of OSU on July first. Learn more about who Dr. Shrum is- personally and professionally- and what her early priorities will be when she takes the reins as President on July first.

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Tim West
President/General Manager
Radio Oklahoma Ag Network

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Ron Hays
Director of Farm Programming
Radio Oklahoma Ag Network