2025 Regular Session • Oklahoma Legislature
SB48
Legislative Summary
Income tax; limiting certain capital gains deduction to certain tax years. Effective date.
Demographic Impact
Overall analysis of equity impact
65% Bias
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
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Bill History
2/3/2025
First Reading
Senate
2/3/2025
Authored by Senator Rader
Senate
2/4/2025
Second Reading referred to Revenue and Taxation
Senate
2/10/2025
Reported Do Pass Revenue and Taxation committee; CR filed
Senate
2/12/2025
Placed on General Order
Senate
3/17/2025
Coauthored by Representative Caldwell (Chad) (principal House author)
Senate
3/25/2025
General Order, Amended
Senate
3/25/2025
Title stricken
Senate
3/25/2025
Measure failed: Ayes: 21 Nays: 25
Senate
3/25/2025
Notice served to reconsider vote on measure Rader
Senate
3/27/2025
Motion to reconsider vote adopted: Ayes: 30 Nays: 12
Senate
3/27/2025
Placed on Third Reading
Senate
3/27/2025
Remains on Third Reading
Senate
Roll Call Votes
Senate: THIRD READING
3/25/2025
21
Yea
25
Nay
0
Not Voting
1
Absent
Result: FAILED
Senate: Senate Bill 48: DO PASS
2/10/2025
6
Yea
4
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Introduced(2/3/2025)
Chamber
Senate
