Income tax credit; limiting new jobs tax credit to certain tax years for manufacturers; modifying carryforward. Effective date.
SB 1395 modifies Oklahoma's new jobs tax credit program for manufacturers. The bill restricts the credit to specific tax years and changes how unused credits can be carried forward to future years. Manufacturers must now submit an application and receive approval before claiming the credit. These changes update the program's eligibility and administrative requirements.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2026
Committee Review
Mar 2026
Senate Passage
Feb 2026
House Passage
Governor
Introduced Feb 2, 2026
Last action Mar 31, 2026
Maddy AI version diff · 2 comparisons
What changed between versions
Engrossed
→
Floor (Senate)
·
2 edits
MINOR
The bill text was reformatted from an 'Engrossed' version to a 'Senate Floor' version, adding a date and changing the header layout. The substantive legal content regarding tax confidentiality, record-keeping rules, and disclosure exceptions remains identical.
TECHNICAL
The document header was updated to include the date 'February 9, 2026' and changed the title from 'ENGROSSED SENATE' to 'SENATE FLOOR VERSION'.
Page numbering and layout formatting were adjusted to reflect the new Senate Floor version structure.
Floor votes · Senate Feb 16, 2026
How they voted
50–0
Passed
Total votes 50
Feb 16, 2026
D
Democratic9
100% Yea
R
Republican41
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
15
Key actions
3
Committee
4
Mar 31, 2026
Committee
Referred to Appropriations and Budget Finance Subcommittee
lower
Feb 17, 2026
Introduced
First Reading
lower
Feb 17, 2026
Upper · Passed
Engrossed to House
upper
Feb 16, 2026
Committee
Referred for engrossment
upper
Feb 16, 2026
Upper · Passed
Measure passed: Ayes: 48 Nays: 0
upper
Feb 9, 2026
Committee
Referred to Appropriations
upper
Feb 9, 2026
Upper · Passed
Reported Do Pass Revenue and Taxation committee; CR filed
upper
Feb 2, 2026
Introduced
First Reading
upper
2 primary · 0 co-sponsors
Sponsors
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