{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-2357.501","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-2357.501","heading":"Credit for firefighters' medical bills related to","body":"cancer.\n\nA. As used in this section:\n\n1. “Cancer” means, but is not limited to, lung cancer, prostate\n\ncancer, testicular cancer, skin cancer, colon cancer, breast cancer,\n\nor any other form of cancer which is generally recognized as having\n\na higher risk of occurrence in a person who performs firefighting\n\nservices;\n\n2. “Firefighter” means a person trained or certified as skilled\n\nin the prevention and control of fires in residential and commercial\n\nstructures and naturally occurring fires commonly known as\n\nwildfires; and\n\n3. “Unreimbursed cost” means a portion of an expense which is\n\nnot covered or not fully covered under a health insurance policy and\n\nfor which a taxpayer expends money and is not able to recover the\n\nexpenditure.\n\nB. For tax year 2026 and subsequent tax years, there shall be\n\nallowed as a credit against the tax imposed pursuant to Section 2355\n\nof Title 68 of the Oklahoma Statutes an amount equal to the\n\nunreimbursed cost, not to exceed Two Hundred Fifty Dollars ($250.00)\n\nper taxable year, incurred by a firefighter for the cost of medical\n\nprocedures to detect any form of cancer.\n\nC. The credit authorized by this section shall not be used to\n\nreduce the income tax liability of the taxpayer to less than zero\n\n(0).\n\nD. The credit authorized by this section, to the extent not\n\nused, may be carried over, in order, to each of the five (5)\n\nsubsequent tax years.\n\nE. For tax year 2028 and subsequent tax years, the total amount\n\nof credits authorized by this section used to offset tax shall be\n\nadjusted annually to limit the annual amount of credits to One\n\nMillion Five Hundred Thousand Dollars ($1,500,000.00). The Oklahoma\n\nTax Commission shall annually calculate and publish by the first day\n\nof the affected year a percentage by which the credits authorized by\n\nthis section shall be reduced so the total amount of credits used to\n\noffset tax does not exceed One Million Five Hundred Thousand Dollars\n\n($1,500,000.00) per year. The formula to be used for the percentage\n\nadjustment shall be One Million Five Hundred Thousand Dollars\n\n($1,500,000.00) divided by the credits claimed in the second\n\npreceding year.\n\nF. In the event the total tax credits authorized by this\n\nsection exceed One Million Five Hundred Thousand Dollars\n\n($1,500,000.00) in any calendar year, the Tax Commission shall\n\npermit any excess over One Million Five Hundred Thousand Dollars\n\n($1,500,000.00) but shall factor such excess into the percentage\n\nadjustment formula for subsequent years.","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":"8d28b9e86e8bcfa1ce8117dc771b10890827a59e3c10e6a2dd79ead27c6c1df5","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-2357.47","next":"us-ok/okla.-stat.-tit.-68-68-2357.59"},"notice":"GroundRules: Original legal text. Not legal advice."}