§ 2358.5-1. Deduction for fostering children
Oklahoma Statutes AnnotatedTitle 68. Revenue and TaxationEffective: November 1, 2019
Effective: November 1, 2019
68 Okl.St.Ann. § 2358.5-1
§ 2358.5-1. Deduction for fostering children
For taxable years beginning on or after January 1, 2019, there shall be allowed a deduction for a taxpayer who contracts with a child-placing agency, as defined in Section 402 of Title 10 of the Oklahoma Statutes, in the amount of Five Thousand Dollars ($5,000.00) for expenses incurred to provide care for a foster child. Provided:
Credits
Laws 2013, c. 352, § 1, eff. Jan. 1, 2014; Laws 2014, c. 412, § 1, emerg. eff. June 3, 2014; Laws 2019, c. 264, § 1, eff. Nov. 1, 2019.
68 Okl. St. Ann. § 2358.5-1, OK ST T. 68 § 2358.5-1
Current with legislation of the Second Regular Session of the 59th Legislature (2024) effective as of July 1, 2024. Some sections may be more current, see credits for details.
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