SB104

Oklahoma SB104 provides income tax credits for employer child care expenses and qualified child care workers.

Oklahoma SB104 introduces income tax credits for employers who spend on child care expenses and for qualified child care workers. Employers can claim a credit for 30% of child care expenses and 30% of operating costs for child care facilities. Additionally, employers can claim a refundable credit of up to $1,000 for each qualified child care worker. A qualified child care worker is defined as someone employed for at least eight months, enrolled in Oklahoma’s Professional Development Ladder, and with at least 12 credit hours.