OK SB1134

Individual and corporate income tax return forms for tax years beginning after December 31, 2016 must include an option to donate from tax refunds to the Oklahoma Department of Veterans Affairs Indigent Veteran Burial Program

Creates the Indigent Veteran Burial Revolving Fund in the State Treasury, administered by the Oklahoma Department of Veterans Affairs as a continuing fund not subject to fiscal year limitations

Fund reimburses cemeteries and funeral homes for burial costs of indigent veterans, with a maximum of $500 per veteran and total reimbursements capped at $20,000 for calendar year 2017

Taxpayers who donate in error may file for a refund within 3 years of the tax return due date

Effectiveness is contingent upon Enrolled Senate Bill No. 398 of the 1st Session of the 55th Oklahoma Legislature becoming law