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OK SB1071

Bill

Status

Passed

5/8/2012

Primary Sponsor

Michael Jackson

Click for details

Origin

Senate

2012 Regular Session

AI Summary

SB 1071 Summary

  • Amends Oklahoma income tax law to reauthorize three income tax checkoff programs allowing taxpayers to donate portions of their refunds to specified causes effective January 1, 2014.

  • Court Appointed Special Advocates (CASA) program: Donations directed to Oklahoma CASA Association for recruitment, training, and support of volunteers serving abused and neglected children.

  • Oklahoma National Guard Relief Program: Donations provide financial relief to qualified National Guard members for approved expenses through the Military Department.

  • Oklahoma Regional Food Banks: Donations support nonprofit regional food banks that distribute food to organizations providing groceries or meals to people in need.

  • Taxpayers may donate $2, $5, or custom amounts; erroneous donations can be refunded within three years; administrative costs and refunds deducted from donations before fund apportionment.

Legislative Description

Income tax; reauthorizing donation from refund for certain programs. Effective date.

Revenue and Taxation

Last Action

Approved by Governor 05/08/2012

5/8/2012

Committee Referrals

Appropriations and Budget3/19/2012
Finance2/7/2012

Full Bill Text

No bill text available