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OK SB835

Bill

Official Source

Status

Introduced

2/7/2011

Primary Sponsor

Clifford Aldridge

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Origin

Senate

2011 Regular Session

AI Summary

SB835 Summary

  • Amends income tax credit provisions for Oklahoma manufacturers of advanced small wind turbines, allowing credits from tax year 2003 through 2012.

  • Changes reference from "this title" to "Title 68" for clarification regarding Oklahoma Statutes sections 2370 or 2355 related to income tax obligations.

  • Reinstates tax credit eligibility beginning July 1, 2012, after a suspension period from July 1, 2010 to July 1, 2012.

  • Effective date is November 1, 2011.

Legislative Description

Income tax; clarifying reference relating to income tax credits for manufacturers of small wind turbines. Effective date.

Revenue and Taxation

Last Action

Second Reading referred to Rules

2/8/2011

Committee Referrals

Rules2/8/2011

Full Bill Text

No bill text available