SB 367
Income tax; modifying calculation of the Oklahoma earned income tax credit. Effective date.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill changes how Oklahoma calculates the Earned Income Tax Credit (EITC), a credit designed to help low-to-moderate income working families. Specifically, it adjusts the formula used to determine the amount of the credit a taxpayer can claim. The bill also sets an effective date for these changes. The Senate Appropriations Committee recommends passing the bill as amended.
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