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OK HB1357

Bill

Official Source

Status

Engrossed

3/7/2013

Primary Sponsor

Marian Cooksey

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

HB 1357 Summary

  • Amends 68 O.S. 2011, Section 2358 to add a new exemption for Olympic prize and award income in taxable years beginning after December 31, 2013

  • Exempts the value of any prize or award won by a person in athletic competition in the Olympic Games from Oklahoma taxable income

  • Effective date: January 1, 2014

Legislative Description

Revenue and taxation; providing income tax exemption for Olympic prizes and awards; effective date.

Revenue and Taxation

Last Action

Second Reading referred to Finance

3/13/2013

Committee Referrals

Finance3/13/2013
Appropriations and Budget2/5/2013

Full Bill Text

No bill text available