HB 2646
Revenue and taxation; adjustments; wagering; tax year; effective date.
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill adjusts Oklahoma’s revenue and tax laws, primarily concerning wagering taxes. It eliminates a limitation on deducting wagering losses for certain tax years, updates statutory language, and clarifies references within the tax code. The bill aims to modernize the state’s tax regulations related to gambling and income reporting. It also establishes an effective date for the changes.
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