Income tax; providing credit for certain occupational licensing fees. Effective date.

SB 326 creates an income tax credit for Oklahoma residents who pay state-required fees to obtain or renew occupational licenses (e.g., for healthcare, construction, or cosmetology). It allows a credit equal to the amount paid for these fees, directly benefiting individuals in licensed professions. To claim the credit, taxpayers must provide documentation to the Oklahoma Tax Commission and cannot have had license suspensions during the tax year. The credit cannot reduce tax liability below zero and applies to tax years starting in 2026.