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Bill > HB2746
OK HB2746
OK HB2746Revenue and Taxation; Remote Quality Jobs Incentive Act; eligibility requirements for basic health benefits plans; effective date.
summary
Introduced
02/03/2025
02/03/2025
In Committee
04/07/2025
04/07/2025
Crossed Over
03/26/2025
03/26/2025
Passed
05/01/2025
05/01/2025
Dead
Signed/Enacted/Adopted
05/08/2025
05/08/2025
Introduced Session
2025 Regular Session
Bill Summary
An Act relating to revenue and taxation; amending 68 O.S. 2021, Section 4503, which relates to the Oklahoma Remote Quality Jobs Incentive Act; modifying eligibility requirements for basic health benefits plans; and providing an effective date. SUBJECT: Revenue and taxation
AI Summary
This bill amends the Oklahoma Remote Quality Jobs Incentive Act by modifying the requirements for basic health benefits plans for remote workers. Specifically, the bill removes the detailed list of seven specific health coverage elements and replaces it with a simpler requirement that not more than 50% of the health insurance premium can be paid by the employee, while explicitly stating that Employee Assistance Plans (EAPs) are not sufficient to meet this definition. The bill defines several key terms, including "remote worker" (an employee working outside Oklahoma's physical boundaries who has not lived in the state in the previous 12 months), "proxy establishment" (an organization that facilitates attracting remote workers to Oklahoma), and "basic industry" (an establishment that attracts remote workers to increase the state's population). The legislation aims to provide incentives for businesses that bring new remote jobs to Oklahoma, with provisions for tracking the potential economic benefits and costs of these new jobs. The bill is set to become effective on November 1, 2025, giving businesses time to prepare for the new health benefits requirements.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Becomes law without Governor's signature 05/08/2025 (on 05/08/2025)
Official Document
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