Oklahoma SB296 expands income tax credit eligibility to include instructor pilots in the aerospace sector.
Oklahoma SB296 amends the state's income tax law to expand the credit eligibility to include instructor pilots in the aerospace sector. The bill defines "instructor pilot" as a person licensed by the Federal Aviation Administration and employed in the state under a federal contract to provide flight instruction. The credit is limited to $5,000 per tax year for up to five years. The changes apply to tax years beginning after December 31, 2008, and before January 1, 2026. The bill becomes effective November 1, 2025.
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