OKLAHOMA CITY — Oklahomans who stay married would earn the benefit of an income tax deduction based on the length of their marriage under a bill approved by a House subcommittee.
The House Appropriations Subcommittee on Revenue and Taxation voted 7-6 on Monday for the bill that is projected to cost the state about $11.6 million each year. The bill now heads to the full House Appropriations Committee.
The bill by Republican Rep. Tom Newell of Seminole would increase the tax deduction for joint filers from $200 for three years of marriage to $2,400 for those who stay married 50 years or more.
Newell says he hopes his bill would ultimately encourage more Oklahomans to stay married and reduce the societal costs associated with divorce.
House Bill 2870: http://bit.ly/1jr84FC