{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-2357.47","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-2357.47","heading":"Employers - Eligible wages paid - Eligible","body":"modification expenses.\n\nA. 1. Except as otherwise provided in subsection D of this\n\nsection, for tax years beginning after December 31, 2005, and ending\n\nbefore January 1, 2015, there shall be allowed against the tax\n\nimposed by Section 2355 of this title, a credit for eligible wages\n\npaid by an employer to an employee. The amount of the credit shall\n\nbe ten percent (10%) of the amount of the gross wages paid to the\n\nemployee for a period not to exceed ninety (90) days but in no event\n\nshall the credit exceed Five Thousand Dollars ($5,000.00) for each\n\nemployee of each taxpayer. In no event shall the total credit\n\nclaimed exceed Twenty-five Thousand Dollars ($25,000.00) in any one\n\nyear for any taxpayer.\n\n2. Except as otherwise provided by subsection D of this\n\nsection, for tax years beginning after December 31, 2005, and ending\n\nbefore January 1, 2017, there shall be allowed against the tax\n\nimposed by Section 2355 of this title, a credit for eligible\n\nmodification expenses of an employer. The amount of the credit\n\nshall be fifty percent (50%) of the amount of the funds expended for\n\neligible modification expenses or new tools or equipment but in no\n\nevent shall the credit exceed One Thousand Dollars ($1,000.00) for\n\neligible modification expenses incurred for any single employee. In\n\nno event shall the total credit claimed exceed Ten Thousand Dollars\n\n($10,000.00) in any year for any taxpayer.\n\n3. As used in this section:\n\na. \"employee\", \"employer\", \"maximum medical improvement\",\n\n\"treating physician\", and \"wages\" shall be defined as\n\nin Title 85 of the Oklahoma Statutes,\n\nb. \"eligible wages\" means gross wages paid by an employer\n\nto an employee who is injured as a result of an injury\n\nwhich is compensable under Title 85 of the Oklahoma\n\nStatutes and which are paid beginning when the\n\nemployee returns to work with restricted duties as\n\nprovided by the employee's treating physician or an\n\nindependent medical examiner before the employee has\n\nreached maximum medical improvement, and ending after\n\nninety (90) days or when the employee has reached\n\nmaximum medical improvement, and\n\nc. \"eligible modification expenses\" means expenses\n\nincurred by an employer to modify a workplace, tools\n\nor equipment or to obtain new tools or equipment and\n\nwhich are incurred by an employer solely to enable a\n\nspecific injured employee who is injured as a result\n\nof an injury which is compensable under the Workers'\n\nCompensation Act to return to work with restricted\n\nduties as provided by the employee's treating\n\nphysician or an independent medical examiner before\n\nthe employee has reached maximum medical improvement,\n\nand which workplace, tools or equipment are used\n\nprimarily by the injured employee.\n\nB. In no event shall the amount of the credit(s) exceed the\n\namount of any tax liability of the taxpayer.\n\nC. The Oklahoma Tax Commission shall have the authority to\n\npromulgate rules necessary to effectuate the purposes of this\n\nsection.\n\nD. 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, 2012.\n\nBeginning July 1, 2012, 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, 2012, 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":"dd2648ea79ca77485ad8a0c9a3a7a734a758a6178db8f839065aa3a71495c770","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-2357.46","next":"us-ok/okla.-stat.-tit.-68-68-2357.501"},"notice":"GroundRules: Original legal text. Not legal advice."}