HB 1539 - Authorizes a Gradual Repeal of State Income Tax - Oklahoma Key Vote
Timeline
- Senate Bill Passed
- April 10, 2025
- House Bill Passed
- March 25, 2025
- Introduced
- Feb. 3, 2025
Related Issues
Stage Details
Title: Authorizes a Gradual Repeal of State Income Tax
Vote Smart's Synopsis:
Vote to pass a bill that establishes a gradual repeal of the state income tax in Oklahoma.
Highlights:
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Establishes a gradual repeal of the state income tax in Oklahoma (Sec. 1).
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Authorizes a 0.25% income tax cut to state residents if there is a certain increase in revenue over time, with the eventual goal of getting rid of the state income tax (Sec. 1).
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Specifies that the provisions of this bill shall take effect beginning November 1, 2025 (Sec. 2).
Title: Authorizes a Gradual Repeal of State Income Tax
Vote Smart's Synopsis:
Vote to pass a bill that establishes a gradual repeal of the state income tax in Oklahoma.
Highlights:
-
Establishes a gradual repeal of the state income tax in Oklahoma (Sec. 1).
-
Authorizes a 0.25% income tax cut to state residents if there is a certain increase in revenue over time, with the eventual goal of getting rid of the state income tax (Sec. 1).
-
Specifies that the provisions of this bill shall take effect beginning November 1, 2025 (Sec. 2).
Title: Authorizes a Gradual Repeal of State Income Tax