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Bill > HB1248
OK HB1248
OK HB1248Revenue and taxation; Senior Service Corps Act of 2025; adjustments to Oklahoma adjusted gross income and taxable income; support services; schools; effective date.
summary
Introduced
02/03/2025
02/03/2025
In Committee
02/04/2025
02/04/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
An Act relating to revenue and taxation; enacting the Senior Service Corps Act of 2025; amending 68 O.S. 2021, Section 2358, as last amended by Section 155, Chapter 452, O.S.L. 2024 (68 O.S. Supp. 2024, Section 2358), which relates to Oklahoma taxable income and adjusted gross income; providing income tax exemption for wages paid to certain persons performing support services for public schools; defining term; providing for noncodification; and providing an effective date.
AI Summary
This bill introduces the Senior Service Corps Act of 2025, which creates a tax exemption for wages earned by senior citizens who perform part-time support services in public schools. Specifically, the bill allows individuals who are 59 years or older, receiving retirement benefits, and not working full-time elsewhere, to be exempt from Oklahoma state income tax for wages earned by providing non-teaching support services in public schools. These support services include tasks such as assisting during student arrival and departure times, helping during meal periods, supporting recess activities, assisting with extracurricular events, and providing general assistance as requested by school supervisory personnel. The tax exemption will take effect on November 1, 2025, and aims to encourage seniors to engage in part-time work supporting local schools by providing a financial incentive through a complete income tax exemption for such work.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
House A&B Finance Subcommittee Hearing (13:30:00 2/13/2025 Room 450) (on 02/13/2025)
Official Document
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