Title: STATE OF OKLAHOMA
Author: Joanie Raff
Last saved by: Margaret Ford
Company: Oklahoma State Senate

ENGROSSED SENATE
BILL NO. 123	By:	Mazzei of the Senate

			and

		Dank of the House

[ tax administration - certification for income tax credits - updating reference - effective date ]

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     AMENDATORY     Section 14, Chapter 381, O.S.L. 2005 (68 O.S. Supp. 2010, Section 270), is amended to read as follows:
Section 270.  A.  Notwithstanding any other provisions of this section, the Oklahoma Tax Commission shall, upon request of any taxpayer or the taxpayer’s authorized agent, representative or attorney, provide certification in writing of qualification for the credits in the following sections of law:
1.  Section 2357.7 of Title 68 of the Oklahoma Statutes;
2.  Section 2357.11 of Title 68 of the Oklahoma Statutes;
3.  Section 2357.32A of Title 68 of the Oklahoma Statutes;
4.  Section 2357.41 of Title 68 of the Oklahoma Statutes; and
5.  Section 2357.42 of Title 68 of the Oklahoma Statutes.
B.  On or before November 1 of each year subsequent to the ~~effective date of this section~~ July 1, 2005, the Oklahoma Tax Commission shall file a report with the Speaker of the Oklahoma House of Representatives, the President Pro Tempore of the State Senate and the Director of the Office of State Finance, stating the amount of credits claimed and allowed.
SECTION 2.  This act shall become effective November 1, 2011.
Passed the Senate the 28th day of February, 2011.

	
Presiding Officer 	of the Senate

Passed the House of Representatives the ____ day of __________, 2011.

	
Presiding Officer of the House
	of Representatives

Req. No. \*Req. No.*\Page

ENGR. S. B. NO. 123	Page