Oklahoma § 68-2357.324 - Employee credit
Full text of Oklahoma Oklahoma Statutes § 68-2357.324 — Employee credit, with citation guidance and answers to common questions.
§ 68-2357.324. Employee credit
A. For taxable years beginning on or after January 1, 2026, and
ending before January 1, 2031, a qualified employee shall be allowed
a credit against the tax imposed pursuant to Section 2355 of Title
68 of the Oklahoma Statutes up to Five Thousand Dollars ($5,000.00)
per year for a period of time not to exceed five (5) years.
B. The credit authorized by this section shall not be used to
reduce the tax liability of the taxpayer to less than zero (0).
C. Any credit claimed, but not used, may be carried over in
order to each of the five (5) subsequent taxable years.
Added by Laws 2025, c. 338, § 4, eff. Nov. 1, 2025.
Frequently Asked Questions About Oklahoma § 68-2357.324
What does Oklahoma Statutes § 68-2357.324 cover?
Section 68-2357.324 ("Employee credit") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 68-2357.324?
A common citation format is "Oklahoma Statutes § 68-2357.324" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 68-2357.324 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.