Revenue and taxation; broadband communications; income tax credit; effective date.

HB 2447 creates a 25% income tax credit for Oklahoma taxpayers who invest in qualified broadband telecommunications infrastructure, effective for tax years beginning after December 31, 2025. The credit applies to costs of building broadband networks (including wireline and wireless services meeting speed standards) and can be used to offset tax liability, but cannot reduce tax below zero. Unused credit amounts may be carried forward for up to five years. This policy directly supports businesses and organizations building broadband infrastructure by reducing their state tax burden.