Oklahoma · 2025 Regular Session · Bill

SB 43: Income tax; exempting wagering losses from itemized deduction limit for certain tax years. Effective date.

In committee Last action February 4, 2025: Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee

Plain-language summary

SB 43 is a bill introduced in the Oklahoma Senate on February 3, 2025. According to its official title, it concerns: Income tax; exempting wagering losses from itemized deduction limit for certain tax years. Effective date. Primary sponsor: Julie Daniels (Republican). Most recent recorded action (February 4, 2025): Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee.

Sponsors

Primary sponsor: Julie Daniels (Republican).