SB312 — Income tax; modifying amount of personal exemption for certain tax years; modifying amount of standard deduction for certain taxpayers for certain tax years. Effective date.

SB312 — Income tax; modifying amount of personal exemption for certain tax years; modifying amount of standard deduction for certain taxpayers for certain tax years. Effective date. · Informed CitizenryThis bill amends Oklahoma statutes related to income tax, adjusting how taxable income and adjusted gross income are calculated for various years. Key changes include: * **Taxable Income Adjustm…Open in Informed Citizenry