A. For taxable years beginning on or after January 1, 2026, and ending before January 1, 2031, a qualified employer shall be allowed a credit against the tax imposed pursuant to Section 2355 of Title 68 of the Oklahoma Statutes for compensation paid to a qualified employee. B. The credit authorized by subsection A of this section shall be in the amount of: 1. Ten percent (10%) of the compensation paid for the first through fifth years of employment in civil engineering if the qualified employee graduated from an institution located in this state; or 2. Five percent (5%) of the compensation paid for the first through fifth years of employment in civil engineering if the qualified employee graduated from an institution located outside this state. C. The credit authorized by this section shall not exceed Twelve Thousand Five Hundred Dollars ($12,500.00) for each qualified employee annually. D. The credit authorized by this section shall not be used to reduce the tax liability of the qualified employer to less than zero (0). E. No credit authorized pursuant to this section shall be claimed after the fifth year of employment.
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