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OK SB1953
Bill
Status
2/1/2010
Primary Sponsor
Brian Bingman
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AI Summary
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Amends Section 2357.7A of Title 68 (Oklahoma Statutes) regarding the Oklahoma Tax Commission's annual reporting requirement on venture capital investment tax credits.
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Changes the reference date in the reporting requirement from "the effective date of this act" to the specific date of "June 7, 2006" for clarity.
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Requires the Tax Commission to file annual reports by November 1 each year with the Speaker of the House and President Pro Tempore of the Senate detailing tax credits claimed, qualified investments made, and estimated jobs created.
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Effective date: November 1, 2010.
Legislative Description
Revenue and taxation; relating to report on income tax credit; clarifying reference. Effective date.
Revenue and Taxation
Last Action
Pending removal author Senator Bingman and replace with Senator Lamb
2/8/2010