Bill
Bill > SB435
summary
Introduced
02/01/2021
02/01/2021
In Committee
02/02/2021
02/02/2021
Crossed Over
Passed
Dead
05/27/2022
05/27/2022
Introduced Session
2021 Regular Session
Bill Summary
An Act relating to income tax credit; providing a credit for the purchase of an E-bike; providing for refundability; creating definition; providing for codification; and providing an effective date.
AI Summary
This bill provides a one-time income tax credit of $200 for the purchase of an E-bike in the tax year 2022 and subsequent years. An E-bike is defined as a two- or three-wheeled plug-in electric vehicle capable of achieving a speed greater than 15 miles per hour, excluding electric scooters. If the credit exceeds the taxpayer's income tax liability, the excess amount will be refunded to the taxpayer. The bill will become effective on November 1, 2021.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Second Reading referred to Finance Committee then to Appropriations Committee (on 02/02/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb435&Session=2200 |
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb435&Session=2100 |
| Fiscal Note/Analysis - Senate: SB435 INT FI | http://webserver1.lsb.state.ok.us/cf_pdf/2021-22%20SUPPORT%20DOCUMENTS/impact%20statements/fiscal/senate/SB435%20INT%20FI.PDF |
| Fiscal Note/Analysis - Senate: Introduced | http://webserver1.lsb.state.ok.us/cf_pdf/2021-22%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB435%20INT%20BILLSUM.PDF |
| BillText | http://webserver1.lsb.state.ok.us/cf_pdf/2021-22%20INT/SB/SB435%20INT.PDF |
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