Income tax; providing credit for certain child care expenses and child care workers. Effective date.

SB 104 creates two new tax credits for Oklahoma taxpayers. Employers can claim a 30% credit for qualifying child care expenses paid for employees (up to $30,000 annually), including costs for on-site facilities or contracted services. Qualified child care workers employed at least 8 months and meeting professional development requirements receive a $1,000 refundable credit. The bill applies to tax years 2026-2030, with annual credit limits of $5 million (2028+) and $14 million (2028+), adjusted using a formula based on prior year claims. It becomes effective November 1, 2025.