SB1856 — Income tax; requiring reduction of rate upon certification of excess collections. Effective date.

SB1856 — Income tax; requiring reduction of rate upon certification of excess collections. Effective date. · Informed CitizenrySB1856 amends Oklahoma law to establish specific rules for reducing individual income tax rates based on state tax collection totals. The bill establishes a mechanism where, if the State Board of E…Open in Informed Citizenry