This bill, known as House Bill No. 1205, addresses revenue and taxation in the state of Oklahoma by repealing Section 2357.32B of Title 68 of the Oklahoma Statutes, which pertains to tax regulations. The repeal signifies a legislative decision to eliminate this specific section from the current tax code, although the bill does not provide details on the implications of this repeal.

The bill also establishes an effective date for the repeal, stating that it will take effect on November 1, 2025. This timeline allows for any necessary adjustments or preparations related to the repeal of the specified tax regulation before it is officially enacted. The bill has successfully passed the House of Representatives as of March 12, 2025.

Statutes affected:
Introduced: 68-2357.32B
Floor (House): 68-2357.32B
Floor (Senate): 68-2357.32B
Engrossed: 68-2357.32B
Enrolled (final version): 68-2357.32B