Oklahoma SB2156 modifies income tax rates for certain years and eliminates certain duties of the Board of Equalization.
Oklahoma SB2156 amends the Oklahoma Income Tax Act to modify income tax rates for certain years. It introduces new tax brackets for individual taxpayers, including single, married filing jointly, and heads of households. The bill also eliminates certain duties of the State Board of Equalization, such as the requirement to certify tax rate reductions. The changes are set to take effect on November 1, 2026.
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