HB 2087
Revenue and taxation; income tax credit; research institutes; effective date.
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill creates a new income tax credit for Oklahoma residents who contribute to qualifying research institutes. The credit is designed to incentivize support for these institutions, which conduct vital scientific and technological research. The bill also establishes an effective date for the credit and clarifies the types of research institutes eligible to receive contributions. It was passed by the Oklahoma House and Senate and is awaiting the Governor’s approval.
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