Oklahoma 2025 Regular Session

Oklahoma House Bill HB1092 Compare Versions

Version 1 (Old)

Version 2 (New)

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3		-	SENATE FLOOR VERSION - HB1092 SFLR Page 1
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	3	+	ENGR. H. B. NO. 1092 Page 1 1
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29		-	SENATE FLOOR VERSION
30		-	April 16, 2025
31		-	AS AMENDED
32		-
33	28		ENGROSSED HOUSE
34		-	BILL NO. 1092 By: Eaves, Gise, ~~Deck,~~ and
35		-	~~McCane of~~ the House
	29	+	BILL NO. 1092 By: Eaves, Gise, and Deck of
	30	+	the House
36	31
37	32		and
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39	34		Gollihare of the Senate
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43		-
44		-
45	38		[ revenue and taxation – Oklahoma Trade School
46	39		Tuition Tax Credit – eligibility – carryover –
47	40		noncodification - codification – effective date ]
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53	47		BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
54	48		SECTION 1. NEW LAW A new section of law not to be
55	49		codified in the Oklahoma Statutes reads as follows:
56	50		This act shall be known and may be cited as the "Oklahoma Trade
57	51		School Tuition Tax Credit".
58	52		SECTION 2. NEW LAW A new section of law to be codified
59	53		in the Oklahoma Statutes as Section 2357.701 of Title 68, unless
60	54		there is created a duplication in numbering, reads as follows:
61	55		A. As used in this section:
62	56		1. "Qualified program" means a trade school or vocational
63	57		school located in Oklahoma that specializes in providing practical
64	58		training and education in specific trades and technical fields.
	59	+	This shall include trade or vocational schools that offer
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66		-	SENATE FLOOR VERSION - HB1092 SFLR Page 2
67		-	(Bold face denotes Committee Amendments) 1
	61	+	ENGR. H. B. NO. 1092 Page 2 1
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92		-	This shall include trade or vocational schools that offer
93	86		specialized programs in heating, ventilation, and air conditioning
94	87		(HVAC), plumbing, automotive mechanics, electrical work, carpentry,
95	88		welding, and construction; and
96	89		2. "Taxpayer" means a natural person.
97	90		B. For taxable years beginning on or after January 1, 2026,
98	91		there shall be allowed as a credit against the tax imposed pursuant
99	92		to Section 2355 of Title 68 of the Oklahoma Statutes in the amount
100	93		of Seven Thousand Five Hundred Dollars ($7,500.00) or the amount of
101	94		costs incurred for tuition and fees for attending a qualified
102	95		program, whichever is less, for a taxpayer who has received
103	96		certification from a qualified program. A taxpayer shall only be
104	97		eligible to claim this credit once, and it shall be claimed within
105	98		three (3) calendar years of receiving their certifica tion.
106	99		C. Any individual that received a postsecondary tuition
107	100		scholarship offered by a technology center school located in the
108	101		State of Oklahoma for students living within the boundaries of the
109	102		career technology district shall not be eligible to claim thi s
110	103		credit.
111	104		D. The credit authorized by this section shall not be used to
112	105		reduce the income tax liability of the taxpayer to less than zero
113	106		(0). To the extent not used, the credit authorized by this section
114	107		shall be allowed to carry over, in order, to each of the three (3)
115	108		following taxable years.
	109	+	SECTION 3. This act shall become effective November 1, 2025.
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117		-	SENATE FLOOR VERSION - HB1092 SFLR Page 3
118		-	(Bold face denotes Committee Amendments) 1
	111	+	ENGR. H. B. NO. 1092 Page 3 1
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143		-	SECTION 3. This act shall become effective November 1, 2025.
144		-	COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS
145		-	April 16, 2025 - DO PASS
	136	+	Passed the House of Representatives the 12th day of March, 2025.
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	141	+	Presiding Officer of the House
	142	+	of Representatives
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	146	+	Passed the Senate the _____ day of __________, 2025.
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	151	+	Presiding Officer of the Senate