{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-2357.302","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-2357.302","heading":"Credit for employee tuition reimbursement","body":"A. Except as provided in subsection F of this section, for tax\n\nyears 2009 through 2031, a qualified employer shall be allowed a\n\ncredit against the tax imposed pursuant to Section 2355 of this\n\ntitle for tuition reimbursed to a qualified employee.\n\nB. The credit authorized by subsection A of this section may be\n\nclaimed only if the qualified employee has been awarded an\n\nundergraduate or graduate degree within one (1) year of commencing\n\nemployment with the qualified employer.\n\nC. The credit authorized by subsection A of this section shall\n\nbe in the amount of fifty percent (50%) of the tuition reimbursed to\n\na qualified employee for the first through fourth years of\n\nemployment. In no event shall this credit exceed fifty percent\n\n(50%) of the average annual amount paid by a qualified employee for\n\nenrollment and instruction in a qualified program at a public\n\ninstitution in Oklahoma.\n\nD. The credit authorized by subsection A of this section shall\n\nnot be used to reduce the tax liability of the qualified employer to\n\nless than zero (0).\n\nE. No credit authorized by this section shall be claimed after\n\nthe fourth year of employment.\n\nF. No credit otherwise authorized by the provisions of this\n\nsection may be claimed for any event, transaction, investment,\n\nexpenditure or other act occurring on or after July 1, 2010, for\n\nwhich the credit would otherwise be allowable. The provisions of\n\nthis subsection shall cease to be operative on July 1, 2011.\n\nBeginning July 1, 2011, the credit authorized by this section may be\n\nclaimed for any event, transaction, investment, expenditure or other\n\nact occurring on or after July 1, 2011, according to the provisions\n\nof this section.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"8caaac5b952e925a1514d7050ff2686dbc94816d4304f4bb3fea72e1b794aba0","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-2357.301","next":"us-ok/okla.-stat.-tit.-68-68-2357.303"},"notice":"GroundRules: Original legal text. Not legal advice."}