SB 304
Income tax; limiting certain personal exemption to certain tax years; modifying amount of standard deduction for certain tax years. Effective date.
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill changes how Oklahoma residents calculate their income tax. Specifically, it limits the personal exemption individuals can claim to certain tax years and adjusts the standard deduction amount for those same years. These changes are intended to align Oklahoma’s tax rules more closely with federal guidelines. The bill was passed by the Senate and House and is now effective.
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