Oklahoma SB236 provides a tax credit for employers in the aerospace and defense sector for achieving CMMC compliance.
Oklahoma SB236 introduces a tax credit for qualified employers in the aerospace and defense sector for achieving Cybersecurity Maturity Model Certification (CMMC) compliance. The credit equals fifty percent of the compensation paid and expenses incurred to achieve CMMC compliance. The credit is limited to $10 million annually, with unused credits carried forward for up to five years. The credit cannot reduce a taxpayer's liability below zero and is not refundable. The credit is effective for tax years 2026 through 2031.
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