Bill > SB102

This bill modifies Oklahoma's income tax laws to provide relief for certain non-resident employees and their employers. Specifically, it amends existing statutes to exclude compensation paid to a nonresident individual from Oklahoma taxable income if they perform employment duties in the state for 30 days or fewer in a tax year and also worked in more than one state that year, with exceptions for professional athletes, entertainers, and public figures. The bill also clarifies that employers are generally not required to withhold state income taxes from this type of compensation, but they must withhold taxes for every day the employee works in the state if they exceed the 30-day threshold. Furthermore, it establishes conditions under which employers will not face penalties or interest for failing to withhold taxes from certain nonresident employee compensation, such as relying on a dedicated time and attendance system or specific employee records and statements, and defines what constitutes a "time and attendance system" for this purpose. This legislation is set to become effective on November 1, 2026.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb102&Session=2600