Oklahoma Enacts Tax Exemption for Digital Asset Mining Equipment in Colocation Facilities

House Bill 1600 in Oklahoma creates a new sales and use tax exemption
The exemption applies to certain equipment used for mining digital assets
It is in effect from November 1, 2024, through December 31, 2029
The exemption includes machinery, equipment, and electricity used for commercial mining in a colocation facility

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.