Oklahoma 2025 Regular Session

Oklahoma House Bill HB2260 Compare Versions

Version 1 (Old)

Version 2 (New)

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3		-	SENATE FLOOR VERSION - HB2260 SFLR Page 1
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	3	+	ENGR. H. B. NO. 2260 Page 1 1
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30		-	April 23, 2025
31		-	AS AMENDED
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33	28		ENGROSSED HOUSE
34	29		BILL NO. 2260 By: Miller, Menz, Munson,
35	30		Alonso-Sandoval, Harris,
36	31		Bashore, Pfeiffer, Hill,
37	32		and Deck of the House
38	33
39	34		and
40	35
41	36		Haste and Frix of the
42	37		Senate
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49	44		[ revenue and taxation - income tax credits for
50	45		employers engaged in civil engine ering - income tax
51	46		credit for tuition reimbursements - use of credit -
52	47		amount of tax credit - income tax credit for
53	48		compensation paid to employees engaged in civil
54	49		engineering - limit on credit amount - income tax
55	50		credit for income received as civil engine er –
56	51		codification - effective date ]
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63	56		BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
64	57		SECTION 1. NEW LAW A new section of law to be codified
65	58		in the Oklahoma Statutes as Section 2357.321 of Title 68, unless
66	59		there is created a duplication in numbering, reads as follows:
67	60		As used in Sections 1 through 4 of this act:
68		-	1. "Compensation" means payments in the form of contract labor
69		-	for which the payor is required to provide a Form 1099 to the person
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71		-	SENATE FLOOR VERSION - HB2260 SFLR Page 2
72		-	(Bold face denotes Committee Amendments) 1
	62	+	ENGR. H. B. NO. 2260 Page 2 1
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	87	+	1. "Compensation" means payments in the form of contract labor
	88	+	for which the payor is required to provide a Form 1099 to the person
97	89		paid wages subject to withholdin g tax paid to a part -time employee,
98	90		full-time employee, salary, or other remuneration. Compensation
99	91		shall not include employer -provided retirement, medical or health
100	92		care benefits, reimbursement for travel, meals, lodging, or any
101	93		other expense;
102	94		2. "Institution" means an institution within The Oklahoma State
103	95		System of Higher Education, any other public or private college, or
104	96		university that is accredited by a national accrediting body;
105	97		3. "Qualified employer" means a sole proprietor, general
106	98		partnership, limited partnership, limited liability company,
107	99		corporation, other legally recognized business entity, or public
108	100		entity whose principal business activity involves civil engineering
109	101		services as described by Industry No. 541330 of the North American
110	102		Industry Classification System (NAICS), latest revision;
111	103		4. "Qualified employee" means any person, regardless of the
112	104		date of hire, employed in this state, contracting in this state with
113	105		a qualified employer on or after January 1, 202 6, who was not
114	106		employed as a civil engineer in this state immediately preceding
115	107		employment or contracting with a qualified employer, and who has
116	108		been either:
117	109		a. awarded an undergraduate or graduate degree from a
118	110		qualified program by an institution, or
119		-	b. licensed as a Professional Engineer by the State Board
120		-	of Licensure for Professional Engineers and Land
121	111
122		-	SENATE FLOOR VERSION - HB2260 SFLR Page 3
123		-	(Bold face denotes Committee Amendments) 1
	112	+	ENGR. H. B. NO. 2260 Page 3 1
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	137	+	b. licensed as a Professional Engi neer by the State Board
	138	+	of Licensure for Professional Engineers and Land
148	139		Surveyors pursuant to Section 475.15 of Title 59 of
149	140		the Oklahoma Statutes.
150	141		Provided, the definition shall not be interpreted to exclude any
151	142		person who was employed in the civil engine ering sector, but not as
152	143		a full-time engineer, prior to being awarded an undergraduate or
153	144		graduate degree from a qualified program by an institution or any
154	145		person who has been awarded an undergraduate or graduate degree from
155	146		a qualified program by an insti tution and is employed by a
156	147		professional staffing company and assigned to work in the civil
157	148		engineering sector in this state.
158	149		Beginning on or after January 1, 202 6, the definition shall also
159	150		not be interpreted to exclude any person who:
160	151		(1) previously qualified and established the credit
161	152		against the tax imposed pursuant to Section 2355
162	153		of Title 68 of the Oklahoma Statutes and becomes
163	154		employed by a different qualified employer, or
164	155		(2) establishes the credit against the tax imposed
165	156		pursuant to Section 2355 of Title 68 of the
166	157		Oklahoma Statutes for the first time and becomes
167	158		employed by a different qualified employer in
168	159		subsequent years, provided a person in either
169		-	case has not claimed the credit for the lifetime
170		-	maximum of five (5) years;
171	160
172		-	SENATE FLOOR VERSION - HB2260 SFLR Page 4
173		-	(Bold face denotes Committee Amendments) 1
	161	+	ENGR. H. B. NO. 2260 Page 4 1
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	186	+	case has not claimed the credit for the lifetime
	187	+	maximum of five (5) years;
198	188		5. "Qualified program" means a program at an institution that
199	189		includes a graduate or undergraduate program that has been
200	190		accredited by the Engineering Accreditation Commission of the
201	191		Accreditation Board for Engineering and Technology (ABET) and that
202	192		awards an undergraduate or graduate degree. Both the undergraduate
203	193		and graduate programs of the same discipline of engineering at an
204	194		institution shall be part of the qualified program if either program
205	195		is ABET accredited; and
206	196		6. "Tuition" means the average annual amount paid by a
207	197		qualified employee for enrollment and instruction in a qualified
208	198		program. Tuition shall not include the cost of books, fees or room
209	199		and board.
210	200		SECTION 2. NEW LAW A new section of law to be codified
211	201		in the Oklahoma Statutes as Secti on 2357.322 of Title 68, unless
212	202		there is created a duplication in numbering, reads as follows:
213	203		A. For taxable years beginning after December 31, 202 5, and
214	204		ending before January 1, 203 1, a qualified employer shall be allowed
215	205		a credit against the tax impose d pursuant to Section 2355 of Title
216	206		68 of the Oklahoma Statutes for tuition reimbursed to a qualified
217	207		employee.
218	208		B. The credit authorized by subsection A of this section may be
219	209		claimed only if the qualified employee has been awarded an
220		-	undergraduate or graduate degree within one (1) year of commencing
221		-	employment with the qualified employer.
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223		-	SENATE FLOOR VERSION - HB2260 SFLR Page 5
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	211	+	ENGR. H. B. NO. 2260 Page 5 1
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	236	+	undergraduate or gra duate degree within one (1) year of commencing
	237	+	employment with the qualified employer.
249	238		C. The credit authorized by subsection A of this section shall
250	239		be in the amount of fifty percent (50%) of the tuition reimbursed to
251	240		a qualified employee for the first t hrough fourth years of
252	241		employment. In no event shall this credit exceed fifty percent
253	242		(50%) of the average annual amount paid by a qualified employee for
254	243		enrollment and instruction in a qualified program at a public
255	244		institution in Oklahoma.
256	245		D. The credit authorized by subsection A of this section shall
257	246		not be used to reduce the tax liability of the qualified employer to
258	247		less than zero (0).
259	248		E. No credit authorized by this section shall be claimed after
260	249		the fourth year of employment.
261	250		SECTION 3. NEW LAW A new section of law to be codified
262	251		in the Oklahoma Statutes as Section 2357.323 of Title 68, unless
263	252		there is created a duplication in numbering, reads as follows:
264	253		A. For taxable years beginning on or after January 1, 202 6, and
265	254		ending before January 1, 203 1, a qualified employer shall be allowed
266	255		a credit against the tax imposed pursuant to Section 2355 of Title
267	256		68 of the Oklahoma Statutes for compensation paid to a qualified
268	257		employee.
269	258		B. The credit authorized by subsection A of this s ection shall
270	259		be in the amount of:
271		-	1. Ten percent (10%) of the compensation paid for the first
272		-	through fifth years of employment in civil engineering if the
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274		-	SENATE FLOOR VERSION - HB2260 SFLR Page 6
275		-	(Bold face denotes Committee Amendments) 1
	261	+	ENGR. H. B. NO. 2260 Page 6 1
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	286	+	1. Ten percent (10%) of the compensation paid for the first
	287	+	through fifth years of employment in civil engineering if the
300	288		qualified employee graduated from an institution located in this
301	289		state; or
302	290		2. Five percent (5%) of the compensation paid for the first
303	291		through fifth years of employment in civil engineering if the
304	292		qualified employee graduated from an institution located outside
305	293		this state.
306	294		C. The credit authorized by this section shall not exceed
307	295		Twelve Thousand Five Hundred Dollars ($12,500.00) for each qualified
308	296		employee annually.
309	297		D. The credit authorized by this section shall not be used to
310	298		reduce the tax liability of the qualified employer to less than zero
311	299		(0).
312	300		E. No credit authorized pursuant to this section sh all be
313	301		claimed after the fifth year of employment.
314	302		SECTION 4. NEW LAW A new section of law to be codified
315	303		in the Oklahoma Statutes as Section 2357.324 of Title 68, unless
316	304		there is created a duplication in numbering, reads as follows :
317	305		A. For taxable years beginning on or after January 1, 202 6, and
318	306		ending before January 1, 203 1, a qualified employee shall be allowed
319	307		a credit against the tax imposed pursuant to Section 2355 of Title
320	308		68 of the Oklahoma Statutes up to Five Thousand Dolla rs ($5,000.00)
321	309		per year for a period of time not to exceed five (5) years.
322		-	B. The credit authorized by this section shall not be used to
323		-	reduce the tax liability of the taxpayer to less than zero (0).
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325		-	SENATE FLOOR VERSION - HB2260 SFLR Page 7
326		-	(Bold face denotes Committee Amendments) 1
	311	+	ENGR. H. B. NO. 2260 Page 7 1
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	336	+	B. The credit authorized by this section shall not be used to
	337	+	reduce the tax liability of the taxpayer to less than zero (0).
351	338		C. Any credit claimed, but not used, may be carried o ver in
352	339		order to each of the five (5) subsequent taxable years.
353	340		SECTION 5. This act shall become effective November 1, 2025.
354		-	COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS
355		-	April 23, 2025 - DO PASS
	341	+	Passed the House of Representatives the 11th day of March, 2025.
	342	+
	343	+
	344	+
	345	+
	346	+	Presiding Officer of the House
	347	+	of Representatives
	348	+
	349	+
	350	+
	351	+	Passed the Senate the ___ day of __________, 2025.
	352	+
	353	+
	354	+
	355	+
	356	+	Presiding Officer of the Senate