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Oklahoma Legislature· SB 51Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee

An act relating to income tax credit, the official text

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 51              By: Hicks
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6                             AS INTRODUCED

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7   An Act relating to income tax credit; providing a

7   credit for the purchase of an e-bike; providing for

8   refundability under certain circumstances; defining

8   term; providing for codification; and providing an

9   effective date.

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12 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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13  SECTION 1.    NEW LAW     A new section of law to be codified

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14 in the Oklahoma Statutes as Section 2357.410 of Title 68, unless
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15 there is created a duplication in numbering, reads as follows:
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16  A. For tax year 2026 and subsequent tax years, there shall be

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17 allowed a one-time credit against the income tax imposed by Section
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18 2355 of Title 68 of the Oklahoma Statutes for the purchase of an e-
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19 bike. The amount of the credit shall be Two Hundred Dollars
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20 ($200.00). If the credit exceeds the tax imposed by Section 2355 of
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21 Title 68 of the Oklahoma Statutes, the excess amount shall be
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22 refunded to the taxpayer.
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23  B. For purposes of this section, "e-bike" means a two-wheeled

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24 or three-wheeled plug-in electric vehicle manufactured primarily for
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    Req. No. 441                                              Page 1
1 use on streets, roads, and highways, and capable of achieving a
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2 speed greater than fifteen (15) miles per hour. E-bike shall not
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3 mean an electric scooter that transports a person solely while
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4 standing upright.
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5   SECTION 2. This act shall become effective November 1, 2025.

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7   60-1-441         QD  1/19/2025 5:37:46 AM

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    Req. No. 441                               Page 2
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