Income tax; eliminating certain certification requirement; eliminating requirement to reduce tax rates upon certain certification. Effective date.

This bill eliminates two administrative requirements for Oklahoma's tax system. It removes the State Board of Equalization's duty to certify average revenue amounts for oil, natural gas, and corporate income tax (Section 34.103), and ends the automatic rule requiring tax rate reductions when corporate income tax revenue exceeds historical averages (Section 2355). The changes simplify tax administration by deleting these certification and rate-reduction triggers. The bill directly affects state tax officials and the Oklahoma Tax Commission's reporting processes, not individual taxpayers or actual tax rates.