Income tax; authorizing claim for child tax credit in the year certain stillborn birth certificates are issued. Effective date.

Summary

The bill adds a new credit to Oklahoma income taxes that lets a taxpayer claim 5% of the federal child tax credit for each stillborn child, but only in the tax year the stillbirth occurs. It applies to residents, part‑year residents and qualifying non‑residents, and the credit cannot exceed the tax owed. The change is meant to give tax relief to families who experience a stillbirth.

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