SB48 — Income tax; limiting certain capital gains deduction to certain tax years. Effective date.

SB48 — Income tax; limiting certain capital gains deduction to certain tax years. Effective date. · Informed CitizenrySB48 amends the Oklahoma Income Tax Act to modify how certain capital gains are treated for tax purposes. Specifically, it provides for a deduction from Oklahoma taxable income for corporations, es…Open in Informed Citizenry