Loading chat...
OK HB2257
Bill
Status
Introduced
2/6/2017
Primary Sponsor
Sean Roberts
Click for details
AI Summary
HB 2257 Summary
-
Amends Oklahoma income tax law (68 O.S. 2011, Section 2358) regarding taxable income adjustments for individuals and corporations.
-
Allows taxpayers to deduct home office costs that would be deductible on their federal return, but only if the deduction was disallowed federally solely because the taxpayer has a baby crib in the home office.
-
Applies to taxable years beginning after December 31, 2017.
-
Becomes effective January 1, 2018.
Legislative Description
Revenue and taxation; taxable income adjustments; certain home office costs; effective date.
Last Action
Second Reading referred to Rules
2/7/2017
Committee Referrals
Rules2/7/2017
Full Bill Text
No bill text available