SB 1385 creates the Oklahoma Critical Workforce Retention Act of 2026, providing tax exemptions for certain income earned in critical workforce sectors (such as skilled trades) and allowing deductions for related job costs. It directly affects Oklahoma taxpayers working in these high-demand fields by reducing their taxable income for 2026 tax years. The bill amends existing tax code to adjust taxable income, specifically exempting qualifying trade income and deducting trade-related expenses. This policy change aims to support workforce retention through direct tax relief for eligible workers.
SB 1139 appropriates $100,000 from the state's general funds to the Oklahoma Department of Human Services for the 2026 fiscal year to support its statutory duties. The bill directly affects the Department of Human Services by providing funding for its existing responsibilities under state law. It declares an emergency to allow immediate implementation upon passage, though it does not specify how the funds will be used or change existing programs.
SB 175 imposes a $100 fee on commercial vehicles registered under the International Registration Plan that report mileage in Oklahoma. The fee revenue is split: 5% funds a new "Uninsured Commercial Vehicle Recovery Reimbursement Fund" to reimburse tow operators who provide nonconsensual towing services to uninsured commercial vehicles, while 95% goes to an existing driver safety fund. The bill creates this fund in the state treasury as a continuing account with no fiscal year limits. It takes effect July 1, 2025, and is declared an emergency. The bill directly affects commercial vehicle operators using the International Registration Plan in Oklahoma.
HB 2768 increases the maximum investment cap for Oklahoma's Quality Jobs tax incentive program from $250 million to $700 million. It applies to existing manufacturing companies (SIC code 3011) already participating in the program that seek to expand facilities, requiring them to file a new application before certain tax payments are due. Companies must complete $700 million in facility modernization within five years (with a possible one-year extension if 80% is done by year five) to qualify for additional tax incentives. This change allows larger businesses to claim more tax benefits for qualifying investments under the program.
SB 736 creates the "Health Care Sharing Ministry Tax Parity Act," allowing Oklahoma residents who are active members of qualifying health care sharing ministries (HCSMs) to deduct their contributions from their state income tax starting in 2026. It directly affects Oklahoma residents who have been active HCSM members for at least one month during the tax year, treating their contributions like health insurance premiums for tax purposes. The bill requires the Oklahoma Tax Commission to develop forms for claiming the deduction, prohibits taxing reimbursements from HCSMs, and mandates annual reporting on the program's impact.
SB 1389 modifies Oklahoma's Parental Choice Tax Credit Act by increasing annual credit limits for parents or guardians paying qualified education expenses for eligible students. The bill sets income-based maximums: $7,500 for households earning under $75,000, decreasing to $5,000 for households earning over $250,000, with special provisions for schools serving homeless or financially disadvantaged students. It directly affects Oklahoma taxpayers who pay tuition or approved educational expenses (like curriculum, tutoring, or assessments) for students in accredited private schools or qualifying educational programs. The credit applies to tax years 2024 and beyond, with the Oklahoma Tax Commission required to publish specific administrative information. This bill adjusts existing credit limits without changing the program's core structure or eligibility rules.
SB 367 modifies Oklahoma's earned income tax credit (EITC) calculation for tax years 2022 through 2025. It sets the state credit at 5% of the federal EITC amount and requires that the maximum credit be prorated based on how much a taxpayer's Oklahoma-adjusted gross income compares to their federal adjusted gross income. This change directly affects low-to-moderate income Oklahoma residents who claim the state EITC on their tax returns. The bill takes effect November 1, 2025.
SB 1301 exempts animal rescue and shelter organizations in Oklahoma from paying state sales tax on their purchases. This bill amends Oklahoma's sales tax code (68 O.S. § 1356) to add these organizations to the list of entities already eligible for tax exemptions. The exemption applies to tangible personal property and services purchased by qualifying nonprofits that rescue and shelter animals. It directly affects nonprofit animal welfare organizations across the state, reducing their operational costs.
SB 1396 amends Oklahoma's sales tax law to exempt certain organizations that support first responders from paying sales tax on goods and services they purchase. Specifically, it adds exemptions for organizations providing support to municipal law enforcement, fire departments, emergency medical services, municipal disaster mitigation services, and first responder canine training facilities. This means these eligible organizations will not pay state sales tax on qualifying purchases directly related to their support services. The bill updates the existing tax exemption list in Section 1356 of Oklahoma Statutes without changing other existing exemptions.
SB 262 creates the Oklahoma Rental Assistance Grant Program to provide rental subsidies to Oklahomans evicted due to the COVID-19 pandemic. Administered by the Oklahoma Housing Finance Agency, the program will be funded through a new revolving fund in the state treasury using legislative appropriations, federal funds, and private donations. The revolving fund operates continuously without fiscal year limits, allowing the agency to use these resources for eligible rental assistance. The program becomes effective July 1, 2025.
