HB 2745
Revenue and taxation; banking privilege tax; deductions; effective date.
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill modifies Oklahoma’s banking privilege tax by adjusting the deductions available to banks. Specifically, it proposes changes to the calculation of the tax, aiming to provide greater clarity and potentially reduce the tax burden on financial institutions. The bill also establishes an effective date for these changes. It was recommended for passage by the Business and Insurance Committee with amendments.
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Primary sponsors
Caldwell (Trey)
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