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Bill > HB3385


OK HB3385

OK HB3385
Revenue and taxation; Rural Jobs Tax Credit; applications; effective date.


summary

Introduced
02/02/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act relating to revenue and taxation; amending Section 8, Chapter 354, O.S.L. 2022 (68 O.S. Supp. 2025, Section 3937), which relates to certain tax credits; modifying date with respect to applications for credits; and providing an effective date.

AI Summary

This bill modifies the Rural Jobs Tax Credit program by changing the deadline for accepting new applications from December 1, 2032, to December 1, 2026, meaning businesses will have a shorter window to apply for this tax credit, which is intended to incentivize job creation in rural areas. The bill also specifies an effective date of November 1, 2026, for these changes.

Sponsors (1)

Last Action

Second Reading referred to Rules (on 02/03/2026)

bill text


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