us-ok/stat

Okla. Stat. tit. 68, § 2357.323

Employer credit for employee compensation

Official textoscn.netlast amended Nov 01, 2025

# A.

For taxable years beginning on or after January 1, 2026, and ending before January 1, 2031, a qualified employer shall be allowed a credit against the tax imposed pursuant to Section 2355 of Title 68 of the Oklahoma Statutes for compensation paid to a qualified employee.

# B.

The credit authorized by subsection A of this section shall be in the amount of:

# 1.

Ten percent (10%) of the compensation paid for the first through fifth years of employment in civil engineering if the qualified employee graduated from an institution located in this state; or

# 2.

Five percent (5%) of the compensation paid for the first through fifth years of employment in civil engineering if the qualified employee graduated from an institution located outside this state.

# C.

The credit authorized by this section shall not exceed
Twelve Thousand Five Hundred Dollars ($12,500.00) for each qualified employee annually.

# D.

The credit authorized by this section shall not be used to reduce the tax liability of the qualified employer to less than zero (0).

# E.

No credit authorized pursuant to this section shall be claimed after the fifth year of employment.

Amendment history

Added by Laws 2025, c. 338, § 3, eff. Nov. 1, 2025.

Source: view the official text

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