This bill proposes the repeal of 68 O.S. 2021, Section 2809, which pertains to revenue and taxation in the state of Oklahoma. 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.

Additionally, the bill establishes an effective date for the repeal, stating that it will take effect on January 1, 2027. This timeline allows for a transition period before the repeal is enacted, giving stakeholders time to adjust to the changes in the law.

Statutes affected:
Introduced: 68-2809