The civic record
Read. Follow. Verify.House Bill 1009 reduces individual and corporate income tax rates annually starting in 2025 until rates reach zero
Last action · February 4, 2025: Referred to Appropriations and Budget Finance Subcommittee
Track this bill to get notified when it advances a stage. One tap to stop, anytime.
What This Bill Proposed
House Bill 1009 establishes a formula to progressively reduce individual income tax rates, corporate income tax rates, and tax rates starting in 2025 by dividing the existing decimal tax rate by ten each year until the rate reaches zero. The measure applies to taxable years beginning on or after January 1, 2025.
Changes state tax liabilities for all resident and nonresident individuals, corporations, trusts, estates, and electing pass-through entities doing business in Oklahoma, incrementally decreasing state income tax revenue over successive years until taxation ceases entirely.
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Oklahoma resident and nonresident individuals
Individual income tax rates are subjected to an annual reduction formula starting in 2025 until the tax rate equals zero.
Corporations doing business within this state
Corporate income tax rates are subjected to an annual reduction formula starting in 2025 until the tax rate equals zero.
Tax Commission
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
When do the income tax reductions begin under House Bill 1009?
How is the annual tax rate reduction calculated?
Does the bill affect corporate income taxes?
What else do you want to know?
News Coverage
Follow the record
Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died at adjournment · in House committee.
Procedural history
4 actions- Feb 4, 2025HouseCommitteeReferred to Appropriations and Budget Finance Subcommittee
- Feb 4, 2025HouseCommitteeSecond Reading referred to Appropriations and Budget
- Feb 3, 2025HouseAuthored by Representative Steagall
- Feb 3, 2025HouseIntroducedFirst Reading
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Phased Elimination of State Income Tax
The bill introduces a permanent mechanism to reduce individual, corporate, and pass-through tax rates to zero through an annual divisor formula.
Connected Entities
Sources
www.oklegislature.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 90)
- Controversy75Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz65Current news / social attention level
Publisher tools