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OK HB1355
Bill
Status
Introduced
2/2/2015
Primary Sponsor
Brian Renegar
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AI Summary
HB 1355 Summary
- Allows individual Oklahoma taxpayers a $5,000 income tax deduction for each grandchild in their court-ordered custody for taxable years beginning after December 31, 2015.
- Deduction applies regardless of taxpayer filing status.
- Applies only to expenses incurred providing care for grandchildren where the taxpayer has custody under a court order.
- Becomes effective January 1, 2016.
Legislative Description
Revenue and taxation; providing tax deduction for grandchild care; effective date.
Revenue and Taxation
Last Action
Referred to Appropriations and Budget Revenue and Taxation Subcommittee
2/3/2015
Committee Referrals
Appropriations and Budget2/3/2015
Full Bill Text
No bill text available