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OK HB2472

Bill

Official Source

Status

Introduced

2/6/2012

Primary Sponsor

Doug Cox

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

HB 2472 Summary

  • Repeals the Oklahoma Franchise Tax and Oklahoma Business Activity Tax provisions (68 O.S. 2011, Sections 1212.1, 1217-1228)

  • Repeals a credit against registration fees (18 O.S. 2011, Section 1142.2)

  • Amends the banking privilege tax (68 O.S. 2011, Section 2370) to remove references to the Oklahoma Business Activity Tax

  • Becomes effective July 1, 2012, with emergency declaration for immediate effect upon passage and approval

Legislative Description

Revenue and taxation; Oklahoma Business Activity Tax Code; effective date; emergency.

Revenue and Taxation

Last Action

Second Reading referred to Rules

2/7/2012

Committee Referrals

Rules2/7/2012

Full Bill Text

No bill text available