The Oklahoma Tax Commission shall prepare forms for:
1. The designation of an account with a financial institution to serve as a home buyer savings account;
2. The designation of a qualified beneficiary of a home buyer savings account; and
3. An account holder to annually submit to the Oklahoma Tax Commission detailed information regarding the home buyer savings account, including but not limited to a list of transactions for the account during the tax year, and identifying any supporting documentation that is required to be maintained by the account holder.
Added by Laws 2019, c. 186, § 8, eff. Jan. 1, 2020.