| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | - | HB1927 HFLR Page 1 | |
| 4 | - | BOLD FACE denotes Committee Amendments. 1 | |
| 3 | + | Req. No. 7218 Page 1 1 | |
| 5 | 4 | 2 | |
| 6 | 5 | 3 | |
| 7 | 6 | 4 | |
| 8 | 7 | 5 | |
| 9 | 8 | 6 | |
| 10 | 9 | 7 | |
| 11 | 10 | 8 | |
| 12 | 11 | 9 | |
| 13 | 12 | 10 | |
| 14 | 13 | 11 | |
| 15 | 14 | 12 | |
| 16 | 15 | 13 | |
| 17 | 16 | 14 | |
| 18 | 17 | 15 | |
| 19 | 18 | 16 | |
| 20 | 19 | 17 | |
| 21 | 20 | 18 | |
| 22 | 21 | 19 | |
| 23 | 22 | 20 | |
| 24 | 23 | 21 | |
| 25 | 24 | 22 | |
| 26 | 25 | 23 | |
| 27 | 26 | 24 | |
| 28 | 27 | ||
| 29 | - | HOUSE OF REPRESENTATIVES - FLOOR VERSION | |
| 30 | - | ||
| 31 | 28 | STATE OF OKLAHOMA | |
| 32 | 29 | ||
| 33 | 30 | 1st Session of the 58th Legislature (2021) | |
| 34 | 31 | ||
| 35 | - | COMMITTEE SUBSTITUTE | |
| 36 | - | FOR | |
| 37 | - | HOUSE BILL NO. 1927 By: Martinez of the House | |
| 38 | - | ||
| 39 | - | and | |
| 40 | - | ||
| 41 | - | Pugh of the Senate | |
| 32 | + | HOUSE BILL 1927 By: Martinez | |
| 42 | 33 | ||
| 43 | 34 | ||
| 44 | 35 | ||
| 45 | 36 | ||
| 46 | 37 | ||
| 47 | - | ||
| 38 | + | AS INTRODUCED | |
| 48 | 39 | ||
| 49 | - | ||
| 50 | - | ||
| 51 | - | ||
| 52 | - | ||
| 40 | + | An Act relating to revenue and taxation; creating the | |
| 41 | + | Oklahoma Revenue and Taxation Reform Act of 2021; | |
| 42 | + | providing for noncodification; and providing an | |
| 43 | + | effective date. | |
| 53 | 44 | ||
| 54 | 45 | ||
| 55 | 46 | ||
| 56 | 47 | ||
| 57 | 48 | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: | |
| 58 | - | SECTION 1. NEW LAW A new section of law to be codified | |
| 59 | - | in the Oklahoma Statutes as Section 2357A of Title 68, unless there | |
| 60 | - | is created a duplication in numbering, reads as follows: | |
| 61 | - | A. For the tax year beginning January 1, 2021, there shall be | |
| 62 | - | allowed a one-time credit against the income tax imposed by Section | |
| 63 | - | 2355 of Title 68 of the Oklahoma Statutes for the pare nt or legal | |
| 64 | - | guardian of any child residing in the household who was enrolled in | |
| 49 | + | SECTION 1. NEW LAW A new section of law not to be | |
| 50 | + | codified in the Oklahoma Statutes reads as follows: | |
| 51 | + | This act shall be known and may be cited as the "Oklahoma | |
| 52 | + | Revenue and Taxation Reform Act of 2021 ". | |
| 53 | + | SECTION 2. This act shall become effective January 1, 2022. | |
| 65 | 54 | ||
| 66 | - | HB1927 HFLR Page 2 | |
| 67 | - | BOLD FACE denotes Committee Amendments. 1 | |
| 68 | - | 2 | |
| 69 | - | 3 | |
| 70 | - | 4 | |
| 71 | - | 5 | |
| 72 | - | 6 | |
| 73 | - | 7 | |
| 74 | - | 8 | |
| 75 | - | 9 | |
| 76 | - | 10 | |
| 77 | - | 11 | |
| 78 | - | 12 | |
| 79 | - | 13 | |
| 80 | - | 14 | |
| 81 | - | 15 | |
| 82 | - | 16 | |
| 83 | - | 17 | |
| 84 | - | 18 | |
| 85 | - | 19 | |
| 86 | - | 20 | |
| 87 | - | 21 | |
| 88 | - | 22 | |
| 89 | - | 23 | |
| 90 | - | 24 | |
| 91 | - | ||
| 92 | - | pre-kindergarten through twelfth grade of any common school district | |
| 93 | - | in the state. | |
| 94 | - | B. The credit provided for in subsection A of this section | |
| 95 | - | shall be equal to One Thousand Do llars ($1,000.00). | |
| 96 | - | C. The maximum credit for any parent or guardian under the | |
| 97 | - | provisions of this section shall be One Thousand Dollars ($1,000.00) | |
| 98 | - | regardless of the number of children within the household enrolled | |
| 99 | - | in a common school district. | |
| 100 | - | SECTION 2. This act shall become effective November 1, 2021. | |
| 101 | - | ||
| 102 | - | COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS AND BUDGET, dated | |
| 103 | - | 02/25/2021 - DO PASS, As Amended and Coauthored. | |
| 55 | + | 58-1-7218 AQH 01/19/21 |