Oklahoma § 68-291 - Incidence analysis of legislative measures to change the
Full text of Oklahoma Oklahoma Statutes § 68-291 — Incidence analysis of legislative measures to change the, with citation guidance and answers to common questions.
§ 68-291. Incidence analysis of legislative measures to change the
tax system.
A. At the request of the Chair of the Finance Subcommittee of
the House Appropriations and Budget Committee or the Senate Finance
Committee, the Oklahoma Tax Commission shall prepare an incidence
impact analysis of a bill or a proposal to change the tax system
which increases, decreases, or redistributes taxes by more than
Twenty Million Dollars ($20,000,000.00). To the extent data is
available on the changes in the distribution of the tax burden that
are affected by the bill or proposal, the analysis shall report on
the incidence effects that would result if the bill were enacted.
The report may present information using systemwide measures, such
as the Suits or other similar indexes, by income classes, taxpayer
characteristics or other relevant categories. The report may
include analyses of the effect of the bill or proposal on
Oklahoma Statutes - Title 68. Revenue and Taxation
representative taxpayers. The analysis must include a statement of
the incidence assumptions that were used in computing the burdens.
B. The incidence analyses shall use the broadest measure of
economic income for which reliable data is available.
Added by Laws 2017, c. 197, § 1, eff. Nov. 1, 2017.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 68-291
What does Oklahoma Statutes § 68-291 cover?
Section 68-291 ("Incidence analysis of legislative measures to change the") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 68-291?
A common citation format is "Oklahoma Statutes § 68-291" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 68-291 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.