HB 2019 Oklahoma House · 2026 Regular Session

Revenue and taxation; income tax credit; aerospace industry; effective date.

HB 2019 amends Oklahoma's tax code to create two new tax credits for the aerospace industry. It allows Oklahoma aerospace employers to claim a credit equal to 5-10% of wages paid to employees with Oklahoma degrees (up to $12,500 annually), and employees to claim up to $5,000 annually in tax credits for tuition reimbursement (capped at $5,000 total over five years). Both credits apply only to the first five years of employment and cannot reduce tax liability below zero. The bill extends these credits through 2032 (previously 2026) and takes effect November 1, 2025. It directly affects Oklahoma aerospace companies and their employees who meet the education and employment criteria.

Bill status passed 4 of 5 stages cleared

Introduction

Feb 2025

Committee Review

Apr 2025

House Passage

Mar 2025

Senate Passage

Apr 2025

Governor

Introduced Feb 3, 2025 Last action Apr 28, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

Floor (House) → Floor (Senate) · 3 edits

MINOR

The bill was amended to extend the aerospace industry tax credit program from ending in 2026 to 2032, and to update the effective date of the legislation to November 1, 2025. The Senate version also reorganized the formatting and page structure while maintaining the core tax credit provisions.

Scope change

The bill's scope was extended by changing the end date of the tax credit eligibility from January 1, 2026 to January 1, 2032, allowing the tax incentives to remain in effect for an additional six years.

TIMELINE

Extended the tax credit eligibility period from ending before January 1, 2026 to ending before January 1, 2032.

Changed the effective date of the act from November 1, 2025 to April 23, 2025 (Senate floor version date).

TECHNICAL

Reorganized document formatting, page numbering, and committee report structure from House to Senate floor version.

Floor votes · Senate Apr 23, 2025 · House Mar 12, 2025

How they voted

23–2

Passed

Total votes 25

Apr 23, 2025

D Democratic6

6 Yea

100% Yea

R Republican19

17 Yea 2 Nay

89% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 23, 2025

Upper · Passed

Reported Do Pass as amended Appropriations committee; CR filed

upper

Apr 23, 2025

Senate · Passed

Senate Vote: pass (23-2)

senate

Apr 7, 2025

Committee

Referred to Appropriations

upper

Apr 7, 2025

Upper · Passed

Reported Do Pass Aeronautics and Transportation committee; CR filed

upper

Mar 13, 2025

Introduced

First Reading

upper

Mar 13, 2025

Lower · Passed

Engrossed, signed, to Senate

lower

Mar 12, 2025

Committee

Referred for engrossment

lower

Mar 12, 2025

Lower · Passed

Third Reading, Measure passed: Ayes: 64 Nays: 24

lower

Mar 6, 2025

Lower · Passed

CR; Do Pass Appropriations and Budget Committee

lower

Feb 17, 2025

Lower · Passed

Recommendation to the full committee; Do Pass Appropriations and Budget Transportation Subcommittee

lower

Feb 11, 2025

Committee

Referred to Appropriations and Budget Transportation Subcommittee

lower

Feb 10, 2025

Committee

Referred to Appropriations and Budget

lower

Feb 3, 2025

Introduced

First Reading

lower

2 primary · 0 co-sponsors