ENGROSSED SENATE
BILL NO. 733	By:	Mazzei of the Senate

			and

		Dank of the House

[ Oklahoma Tax Code - providing retroactivity under specified circumstances - providing intent - codification - effective date ]

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     NEW LAW     A new section of law to be codified in the Oklahoma Statutes as Section 101.1 of Title 68, unless there is created a duplication in numbering, reads as follows:
All statutes in the Oklahoma Tax Code, whether currently in law or enacted in the future, shall be construed to become operational according to the effective date or emergency clause provided in the act that enacted them, or ninety (90) days after sine die adjournment by operation of law, unless the Legislature has clearly expressed the intent that they have retroactive operation.  Expression of retroactive intent shall not be implied solely from the presence of a fixed date in a codified amendatory section that falls earlier than the effective date for that section.  This provision is hereby declared to be a clarification of the law as it existed prior to the effective date of this act and shall not be considered or construed to be a change of the law as it existed prior to the effective date of this act.
SECTION 2.  This act shall become effective November 1, 2011.
Passed the Senate the 28th day of February, 2011.

	
Presiding Officer 	of the Senate

Passed the House of Representatives the ____ day of __________, 2011.

	
Presiding Officer of the House
	of Representatives