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OK SB1441
Bill
Status
2/1/2016
Primary Sponsor
Rob Standridge
Click for details
AI Summary
SB 1441 Summary
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Amends aerospace industry tax credit provisions in 68 O.S. Sections 2357.302, 2357.303, and 2357.304 to add reauthorization requirements and modify subsection references.
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Adds new subsection G to Section 2357.302 requiring legislative reauthorization after Incentive Evaluation Commission evaluation for tuition reimbursement credits claimed on or after January 1, 2018.
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Adds new subsection G to Section 2357.303 requiring legislative reauthorization after Incentive Evaluation Commission evaluation for compensation credits claimed on or after January 1, 2018.
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Adds new subsection E to Section 2357.304 requiring legislative reauthorization after Incentive Evaluation Commission evaluation for aerospace employee credits claimed on or after January 1, 2018.
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Effective date of November 1, 2016.
Legislative Description
Tax credit; requiring reauthorization of certain allowed tax credit after evaluation by Incentive Evaluation Commission. Effective date.
Last Action
Second Reading referred to Finance
2/2/2016