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OK SB1740

Bill

Official Source

Status

Introduced

2/1/2010

Primary Sponsor

Glenn Coffee

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Amends Section 2357.7A of Title 68 (Oklahoma Statutes) regarding venture capital investment tax credits
  • Removes obsolete language requiring compliance "subsequent to the effective date of this act" from reporting requirements
  • Clarifies statutory reference from "Title 68 of the Oklahoma Statutes" to "this title" in the Tax Commission reporting provision
  • Requires Oklahoma Tax Commission to file annual reports by November 1 detailing tax credits claimed, qualified investments, and job creation estimates
  • Effective date: November 1, 2010

Legislative Description

Revenue and taxation; clarifying language. Effective date.

Revenue and Taxation

Last Action

Second Reading referred to Rules

2/2/2010

Committee Referrals

Rules2/2/2010

Full Bill Text

No bill text available