Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1 STATE OF OKLAHOMA
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2 1st Session of the 60th Legislature (2025)
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3 SENATE BILL 309 By: Bullard
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6 AS INTRODUCED
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7 An Act relating to income tax; defining terms;
7 providing credit for eligible dependent children;
8 stipulating credit amount; limiting credit amount;
8 prohibiting refundability of credit; authorizing the
9 carry forward of credit; prescribing procedures for
9 claiming credit; requiring the Oklahoma Tax
10 Commission to prescribe form; providing for
10 codification; and providing an effective date.
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13 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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14 SECTION 1. NEW LAW A new section of law to be codified
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15 in the Oklahoma Statutes as Section 2357.701 of Title 68, unless
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16 there is created a duplication in numbering, reads as follows:
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17 A. As used in this section:
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18 1. "Eligible dependent child" means a child who is less than
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19 nineteen (19) years of age that otherwise qualifies as a dependent
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20 for federal income tax purposes and is a natural child of both of
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21 the taxpayers; and
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22 2. "Taxpayer" means a legally married couple filing as married
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23 filing separately or married filing jointly.
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Req. No. 389 Page 1
1 B. For tax year 2025 and subsequent tax years, there shall be
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2 allowed a credit against the tax imposed by Section 2355 of Title 68
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3 of the Oklahoma Statutes for each eligible dependent child residing
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4 with the taxpayers in the following amounts:
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5 1. Five Hundred Dollars ($500.00) for taxpayers continuously
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6 married for at least one (1) but less than five (5) years;
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7 2. One Thousand Dollars ($1,000.00) for taxpayers continuously
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8 married for at least five (5) years but less than ten (10) years;
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9 3. One Thousand Five Hundred Dollars ($1,500.00) for taxpayers
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10 continuously married for at least ten (10) years but less than
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11 fifteen (15) years; and
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12 4. Two Thousand Dollars ($2,000.00) for taxpayers continuously
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13 married for at least fifteen (15) years.
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14 C. Credits claimed pursuant to this section shall not exceed
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15 Ten Thousand Dollars ($10,000.00) for taxpayers filing as married
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16 filing jointly and Five Thousand Dollars ($5,000.00) for each
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17 taxpayer filing as married filing separately in any tax year.
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18 D. For taxpayers filing as married filing separately, each
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19 taxpayer shall be awarded credit equal to fifty percent (50%) of the
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20 amount provided in subsection B of this section for each eligible
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21 dependent child.
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22 E. The credit authorized pursuant to the provisions of this
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23 section shall not be used to reduce the income tax liability of the
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24 taxpayer to less than zero (0).
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Req. No. 389 Page 2
1 F. If the amount of the credit allowed pursuant to subsection B
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2 of this section exceeds the income tax liability, the amount of
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3 credit not used in any tax year may be carried forward, in order, to
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4 each of the five (5) subsequent tax years.
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5 G. Taxpayers shall claim the credit authorized pursuant to this
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6 section on a form prescribed by the Oklahoma Tax Commission. The
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7 form shall require certification of the number of eligible dependent
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8 children residing in the household of the taxpayers for at least
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9 half of the corresponding tax year, the names of the taxpayers, date
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10 of marriage, a copy of the marriage license issued under strict
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11 compliance with the provisions of Section 3 of Title 43 of the
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12 Oklahoma Statutes, and a signed attestation, under penalty of
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13 perjury, that the marriage is continuous from the date of marriage
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14 through the corresponding tax year.
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15 SECTION 2. This act shall become effective November 1, 2025.
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17 60-1-389 QD 12/30/2024 11:59:17 PM
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Req. No. 389 Page 3Every fact on this page links to its source, starting with the official bill record.