Oklahoma · 2026 Regular Session · Bill

SB 48: Income tax; limiting certain capital gains deduction to certain tax years. Effective date.

Passed one chamber Last action March 27, 2025: Remains on Third Reading

Plain-language summary

SB 48 is a bill introduced in the Oklahoma Senate on February 3, 2025. According to its official title, it concerns: Income tax; limiting certain capital gains deduction to certain tax years. Effective date. Primary sponsor: Dave Rader (Republican), Chad Caldwell (Republican). Most recent recorded action (March 27, 2025): Remains on Third Reading.

Sponsors

Primary sponsors: Dave Rader (Republican); Chad Caldwell (Republican).