An Act relating to income tax; amending 68 O.S. 2021, Section 2357, which relates to credits against income tax; updating statutory references; authorizing claim for child tax credit in the tax year for which certain stillborn birth certificates are issued; prescribing calculation of credit amount; authorizing the Oklahoma Tax Commission to promulgate rules; and providing an effective date.
One Reply to “SB 223 (2025)”
Extends 5% of the child tax credit to parent(s) of a stillborn birth. The credit can only be claimed in the year of the stillbirth and requires a birth certificate indicating the stillborn birth.
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