Req. No. 9008 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 2nd Session of the 59th Legislature (2024) HOUSE BILL 4061 By: Wallace AS INTRODUCED An Act relating to revenue and taxation ; creating the Taxation Modernization Act of 2024 ; providing for noncodification; and providing a n effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows: This act shall be known and may be cited as th e "Taxation Modernization Act of 2024 ". SECTION 2. This act shall become effe ctive November 1, 2024. 59-2-9008 JM 01/09/24