Revenue and taxation; income tax credit; childcare expenses; childcare services; definitions; effective date.

This bill creates a new income tax credit for employers in Oklahoma who help their employees with childcare costs. Employers can receive a credit equal to 30% of their expenses for providing childcare assistance, operating a childcare facility, or reserving spots at a facility, up to $30,000 per year. The credit cannot reduce an employer's tax liability below zero and will be available for tax years 2026 through 2030.

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