HB4273

Oklahoma HB4273 amends the income tax credit for qualified employers and employees in the aerospace sector to include certain institutions of higher.

Oklahoma HB4273 modifies the definition of qualified employee to include individuals employed or under contract with an institution of higher education dedicated to aerospace research and technology. This applies to those actively working within a research, innovation, and education institute dedicated to aerospace research and technology. The bill also specifies that the definition of qualified employee does not exclude those who were previously employed in the aerospace sector or those who have been awarded an undergraduate or graduate degree from a qualified program.