{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-6510","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-6510","heading":"Electric vehicle tax credit","body":"\n\nA. As used in this section, \"qualified electric vehicle\" means\n\na 100%-electric or plug-in hybrid electric motor vehicle with the\n\nfollowing characteristics:\n\n1. A 100%-electric motor vehicle originally equipped so that\n\nthe vehicle:\n\na. draws propulsion energy solely from a battery with at\n\nleast twenty (20) kilowatt hours of capacity, which\n\ncan be recharged from any external source of\n\nelectricity,\n\nb. is manufactured primarily for use on public streets,\n\nroads and highways, but does not include a vehicle\n\noperated exclusively on a rail or rails, and\n\nc. which has at least four wheels;\n\n2. A plug-in hybrid electric motor vehicle which is originally\n\nequipped so that the vehicle:\n\na. draws propulsion energy from:\n\n(1) an internal combustion engine, and\n\n(2) a battery with at least five (5) kilowatt hours\n\nof capacity, which can be recharged from an\n\nexternal source of electricity,\n\nb. is manufactured primarily for use on public streets,\n\nroads and highways, but does not include a vehicle\n\noperated exclusively on a rail or rails, and\n\nc. which has at least four wheels;\n\n3. For purposes of this paragraph, the term \"qualified 100%-\n\nelectric and plug-in hybrid electric motor vehicle\" does not include\n\na vehicle that is manufactured primarily for off-road use, such as\n\nprimarily for use on a golf course, and that has a maximum speed of\n\nthirty (30) miles per hour or less.\n\nB. For taxable years beginning after December 31, 2023, there\n\nshall be allowed as a credit against the tax imposed pursuant to\n\nSection 2355 of Title 68 of the Oklahoma Statutes in the amount of\n\nelectric vehicle charging taxes paid by an individual or lawfully\n\nrecognized entity pursuant to Section 4 of this act.\n\nC. With respect to a natural person filing either a single\n\nstatus income tax return or persons filing a married status joint\n\nreturn, the amount of the credit otherwise authorized by this\n\nsection shall not exceed the total amount of registration fees for\n\nelectric vehicles paid by the person or persons during the taxable\n\nyear for which the tax credit is claimed.\n\nD. With respect to a taxpayer that is not a natural person, the\n\namount of the credit otherwise authorized by this section shall not\n\nexceed the total amount of registration fees for electric vehicles\n\npaid by the taxpayer during the taxable year for which the tax\n\ncredit is claimed.\n\nE. The credit authorized by the provisions of this section\n\nshall not be used to reduce the tax liability to less than zero (0).\n\nF. To the extent not used, the credit authorized by the\n\nprovisions of this section may be carried over, in order, to each of\n\nthe five (5) succeeding taxable 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":"6f9c5d609b1c41d724ab2913a7906fb1d2c3e7e13a109ab2369deab9b5b4d422","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-6509","next":"us-ok/okla.-stat.-tit.-68-68-6511"},"notice":"GroundRules: Original legal text. Not legal advice."}