SB816

Oklahoma SB816 provides income tax credits for employer child care expenses and for qualified child care workers.

Oklahoma SB816 introduces income tax credits for certain child care expenses and for qualified child care workers. Employers can claim a credit for up to 30% of child care expenses for employees' children, up to $30,000 annually. Additionally, employers can claim a refundable credit of $1,000 per qualified child care worker for tax years 2026 through 2030. The credit for child care expenses is subject to an annual limit of $14 million, adjusted by the Oklahoma Tax Commission. The act takes effect November 1, 2025.