SB 291
Income tax credit; providing certain tax credit. Effective date.
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill creates a new income tax credit for Oklahoma residents who contribute to qualified registered charities. The credit is designed to encourage charitable giving and support non-profit organizations. It provides a specific dollar amount for eligible donations, and the bill outlines the requirements for both the donor and the charity to qualify for the credit. The bill was passed by the Senate and adopted as amended.
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