SB326

Income tax; providing credit for certain occupational licensing fees. Effective date.

Introduced·2/3/25
Int Text

Oklahoma SB326 provides a tax credit for occupational licensing fees required by state law.

Oklahoma SB326 introduces a tax credit for qualified fees necessary to obtain and renew occupational licenses or certifications. This credit applies to tax years 2026 and beyond, and is subject to verification by the Oklahoma Tax Commission. To qualify, individuals must not have had their licenses suspended or revoked during the tax year. The credit cannot reduce the taxpayer's liability below zero. The act becomes effective November 1, 2025.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Revenue and Taxation Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

History

Feb 4, 2025

Senate

Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee

Feb 3, 2025

Senate

First Reading

Feb 3, 2025

Senate

Authored by Senator Deevers