{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-2355.1p-3","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-2355.1P-3","heading":"Purpose - Apportionment","body":"A. It is hereby declared to be the purpose of the Pass-Through\n\nEntity Tax Equity Act of 2019 to establish a revenue-neutral\n\nmechanism to provide a more fair and simplified taxation of pass-\n\nthrough entities and their members in this state while maintaining\n\nrevenue levels for support of general governmental functions of the\n\nState of Oklahoma.\n\nB. All monies collected pursuant to the provisions of\n\nsubsection A of Section 2358 of Title 68 of the Oklahoma Statutes\n\nshall be apportioned in the same manner as provided in paragraph 1\n\nof Section 2352 of Title 68 of the Oklahoma Statutes if the tax is\n\ncomputed based upon a distribution made to one or more individuals,\n\ntrusts and estates and shall be apportioned in the same manner as\n\nprovided in paragraph 2 of Section 2352 of Title 68 of the Oklahoma\n\nStatutes if the tax is computed based upon a distribution to a\n\ncorporation or to a pass-through entity as such term is defined in\n\nSection 2 of this act.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"59aa318b53848aad6702923a4cf2f44af5f0fdbb3ce3f61d67389bbc61b44737","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-2355.1p-2","next":"us-ok/okla.-stat.-tit.-68-68-2355.1p-4"},"notice":"GroundRules: Original legal text. Not legal advice."}