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OK HB2610
Bill
Status
Passed
5/30/2025
Primary Sponsor
Erick Harris
Click for details
AI Summary
- Increases the nonrecurring adoption expenses tax credit percentage from 10% to 15% of qualified expenses for resident individual taxpayers beginning January 1, 2026
- Raises the maximum annual credit amount from $2,000 to $3,000 for single filers or married filing separate returns
- Raises the maximum annual credit amount from $4,000 to $6,000 for married filing joint returns
- Applies the credit to both completed adoptions of minors and proposed adoptions that did not result in a decreed adoption
- Becomes effective January 1, 2026
Legislative Description
Revenue and taxation; nonrecurring adoption expenses credit; modifying amount; effective date.
Last Action
Approved by Governor 06/09/2025
5/30/2025
Committee Referrals
Appropriations4/7/2025
Revenue and Taxation4/1/2025
Appropriations and Budget Finance Subcommittee2/17/2025
Appropriations and Budget2/17/2025
Rules2/4/2025
Full Bill Text
No bill text available