Maddy summaryHB 1725 amends Oklahoma's tax code to adjust how taxable income is calculated for corporations and individuals. It specifically revises rules for deducting federal net operating losses (including carryover limits and allocation methods) and updates how income from property (like real estate, investments, or business activities) is allocated across jurisdictions. The bill affects Oklahoma taxpayers by changing how they calculate taxable income, particularly for businesses with multi-state operations or losses. It is currently pending in the Appropriations and Budget Finance Subcommittee (as of February 7, 2025).
Rep. Chris Sneed
Sponsored bills
Maddy summaryHB 1725 changes how Oklahoma calculates state income tax by adjusting taxable income to align with federal rules. It modifies tax calculations for businesses and individuals, specifically adding state/local interest income to taxable income, adjusting how net operating losses (business losses carried forward) can be used, and clarifying how income from property (like real estate or investments) is allocated based on location. The bill affects all Oklahoma taxpayers and businesses operating across state lines, particularly those with income from out-of-state sources. It takes effect for tax years beginning after December 31, 2024, as specified in the legislation.
Maddy summaryHB 1632 is a procedural bill that creates the name "Wrecker Services Modernization Act of 2025" for future legislation related to wrecker services. It does not establish new policies or affect any individuals or entities, as it is marked as "not to be codified" in Oklahoma Statutes. The bill solely sets an effective date of November 1, 2025, for the named act. This is a naming resolution, not a substantive policy change.
Maddy summaryHB 1642 is a procedural bill that names the "Oklahoma Revenue and Taxation Act of 2025" and sets its effective date as November 1, 2025. It does not create new tax policies, change tax rates, or affect taxpayers - its sole purpose is administrative naming and timing. The bill is designated as "not to be codified" in Oklahoma Statutes, meaning it serves as a temporary reference document. This is a standard procedural step for legislative acts, not a substantive tax law.
Maddy summaryHB 1635 is a procedural bill that names the "Law Enforcement Insurance Assistance Act of 2025" without creating new policy or insurance requirements. It specifies that the act will take effect on November 1, 2025, and clarifies it will not be codified into Oklahoma's official statutes. The bill does not establish any new benefits, funding, or obligations for law enforcement personnel or insurers. This is a naming and procedural act with no substantive changes to insurance assistance programs.
Maddy summaryHB 1650 is a procedural bill that names itself the "Oklahoma Public Health and Safety Reform Act of 2025" and sets an effective date of November 1, 2025. It specifies that the act will not be codified in the Oklahoma Statutes. The bill contains no substantive policy changes or mechanisms, as it only establishes the act’s title, effective date, and noncodification status. This is a naming and procedural measure, not a policy reform.
Maddy summaryThis bill, HB 1655, establishes the "Oklahoma Public Health and Safety Reform Act of 2025" as a standalone noncodified law (meaning it won't be added to Oklahoma's official statutes). It sets an effective date of November 1, 2025, but does not describe specific policy changes, mechanisms, or affected parties. The bill text only defines its name, effective date, and noncodification status, with no substantive provisions provided in the available context. As a procedural act with no described policy content, it does not directly affect any group or implement new requirements.
Maddy summaryHB 1654 is a procedural bill that names the "Oklahoma Public Health and Safety Reform Act of 2025" and sets its effective date as November 1, 2025. It contains no substantive policy provisions or mechanisms for implementing public health reforms. The bill simply establishes the name and effective date for future legislation without creating new requirements or affecting any specific group. As a naming act with no operational provisions, it does not directly impact residents, healthcare providers, or public health programs. This bill serves only as a placeholder for future legislative action under this title.
Maddy summaryHB 1636, titled the "School Predators Prevention Act of 2025," is a procedural bill that names the legislation and sets its effective date (November 1, 2025). The bill text confirms it is "new law not to be codified in the Oklahoma Statutes," indicating it does not establish new substantive requirements or policies. It does not describe any specific mechanisms, provisions, or direct impacts on schools, students, or staff. As provided, the bill lacks substantive content beyond its title and effective date, so no policy changes or affected parties can be identified from the available text.
Maddy summaryHB 1634 requires the Oklahoma Turnpike Authority to install retractable road spikes on all turnpike exit ramps. The spikes must automatically retract for vehicles exiting correctly but deploy to block vehicles entering the ramp in the wrong direction, with clear signage. The Authority must follow safety standards, conduct routine inspections, and maintain the spikes to ensure they don’t hazard proper traffic. The bill takes effect November 1, 2025.