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OK HB4064

OK HB4064
Revenue and taxation; Oklahoma taxable income and adjusted gross income; OSHA; consultation; 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 68 O.S. 2021, Section 2358, as last amended by Section 2, Chapter 277, O.S.L. 2024 (68 O.S. Supp. 2025, Section 2358), which relates to computation of Oklahoma taxable income and adjusted gross income; modifying exemption amount related to certain safety expenses; and providing an effective date.

AI Summary

This bill amends Oklahoma law to increase the tax exemption for employers who utilize the Safety Pays OSHA Consultation Service provided by the Oklahoma Department of Labor. Specifically, it changes the exemption amount from $1,000 to $10,000 for the tax year the service is used, and extends the eligibility for this exemption from tax years beginning after December 31, 2005, to those beginning after December 31, 2026. The bill also includes an effective date of January 1, 2027.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Appropriations and Budget General Government Subcommittee (on 02/03/2026)

bill text


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