Bill
Bill > HB4273
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to income tax; amending 68 O.S. 2021, Section 2357.301, as amended by Section 1, Chapter 313, O.S.L. 2024 (68 O.S. Supp. 2025, Section 2357.301); which relates to income tax credit for qualified employers and employees in the aerospace sector; modifying definition to include certain institutions of higher education; and providing an effective date.
AI Summary
This bill modifies the definition of a "qualified employer" for the purpose of an income tax credit related to the aerospace sector, allowing institutions of higher education within Oklahoma that have a dedicated research, innovation, and education institute for aerospace research and technology to be considered qualified employers. It also clarifies that for individuals employed or contracted by such an institution, they must be actively working within that specific aerospace research institute to qualify for the employee definition. The bill specifies an effective date of January 1, 2027, for these changes.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
House A&B Transportation Subcommittee Hearing (09:30:00 2/9/2026 Room 4s5) (on 02/09/2026)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=hb4273&Session=2600 |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB4273%20INT.PDF |
Loading...