Bill > SB1211

This bill amends Oklahoma's ad valorem tax (property tax) exemption law for manufacturing facilities by adding a new provision that prohibits entities from receiving the tax exemption if they employ individuals with H-1B nonimmigrant visas, starting January 1, 2027. The H-1B visa is a temporary work visa that allows U.S. employers to hire foreign workers in specialized occupations. Currently, manufacturing facilities can receive a five-year property tax exemption if they meet certain requirements, such as making a significant capital investment, increasing base payroll, and offering health benefits to employees. The bill specifically targets entities that employ H-1B visa holders, effectively disqualifying them from receiving the tax exemption. This change appears to be aimed at encouraging companies to prioritize hiring U.S. workers by creating a financial disincentive for employing foreign workers on H-1B visas. The bill will become effective on November 1, 2026, giving businesses time to prepare for the new restriction.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1211&Session=2600