Oklahoma 2026 Regular Session Status: In Committee 2 D cosponsors

SB 367 — Income tax; modifying calculation of the Oklahoma earned income tax credit. Effective date.

Last action — Coauthored by Representative Ranson (principal House author)

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced February 03, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Advancing 38% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 2 sponsors

    2 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 D).

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

45 added · 44 removed

Plain-language change summary

The amended version of SB 367 updates the Oklahoma earned income tax credit regulations to clarify how it will be calculated for tax years 2022 through 2025. Specifically, it maintains a consistent five percent (5%) credit based on the federal earned income tax credit. This change is important as it ensures residents can rely on a stable calculation for their state tax credits during these tax years, potentially providing clearer financial benefits to individuals and families.

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STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) COMMITTEE SUBSTITUTE FOR SENATE BILL 367 By:
SENATE FLOOR VERSION March 5, 2025 3 COMMITTEE SUBSTITUTE FOR SENATE BILL NO.
Boren 6 COMMITTEE SUBSTITUTE An Act relating to income tax;
367 By:
amending 68 O.S.
Boren 6 [ income tax - calculation of credit - effective date ] 9 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
2021, Section 2357.43, which relates to Oklahoma earned income tax credit;
limiting certain calculation of credit to certain tax years;
clarifying statutory language;
updating statutory references;
and providing an effective date.
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
For tax years beginning on or after January 1, year 2002 and subsequent tax years, there shall be allowed to a resident individual or a part-year resident individual as a credit against the tax imposed by Section 2355 of this title five percent (5%) of the earned income tax credit allowed under Section 32 of the Internal Revenue Code of the United States 1986, as amended, 26 U.S.C., Section 32, which for the taxable year beginning January 1, 2022, and the taxable year beginning each January 1 thereafter tax years 2022 through 2025 shall be computed using the same Req.
For tax years beginning on or after January 1, 2022 year 2002 and subsequent tax years, there shall be allowed to a resident individual or a part-year resident individual as a credit against the tax imposed by Section 2355 of this title five percent (5%) of the earned income tax credit allowed under Section 32 of the Internal Revenue Code of the United States 1986, as amended, 26 U.S.C., Section 32, which for the taxable year beginning January 1, 2022, and the taxable year beginning each January 1 thereafter tax years 2022 through 2025 shall be computed using the same requirements, other than the five percent (5%) amount to compute the credit as prescribed by this section which shall remain constant, in effect for computation of the earned income tax credit for federal SENATE FLOOR VERSION - SB367 SFLR Page 1 (Bold face denotes Committee Amendments) income tax purposes for the 2020 income tax year.
No.
1699 Page 1 requirements, other than the five percent (5%) amount to compute the credit as prescribed by this section which shall remain constant, in effect for computation of the earned income tax credit for federal income tax purposes for the 2020 income tax year.
60-1-1699 QD 2/24/2025 5:15:12 PM Req.
COMMITTEE REPORT BY:
No.
COMMITTEE ON APPROPRIATIONS March 5, 2025 - DO PASS AS AMENDED SENATE FLOOR VERSION - SB367 SFLR Page 2 (Bold face denotes Committee Amendments)
1699 Page 2
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How this bill changes current law

4 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill amends the existing earned income tax credit provisions to clarify the years applicable for the credit computation.

  • 68 O.S. 2021, Section 2357.43

    year 2002 → and subsequent tax years

    The wording has been changed to appropriately include all subsequent tax years after 2002.

  • 68 O.S. 2021, Section 2357.43

    January 1, 2022 → January 1, 2022

    The text has been revised to specify the starting date for tax years.

  • 68 O.S. 2021, Section 2357.43

    tax years 2022 through 2025 → tax years 2022 and subsequent tax years

    The range of years for tax credit computation has been adjusted to include all years after 2022.

  • 68 O.S. 2021, Section 2357.43

    2002 through 2015 → 2002 through 2021

    The eligible years for the credit calculation have been extended to include 2021.

Amendments

1 amendment

Click Show changes on an amendment above to see how it modifies the bill.

Action History

  1. Coauthored by Representative Ranson (principal House author)

  2. Placed on General Order

  3. Title stricken

  4. Reported Do Pass as amended Appropriations committee; CR filed

  5. Referred to Appropriations

  6. Title stricken

  7. Reported Do Pass, amended by committee substitute Revenue and Taxation committee; CR filed

  8. Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee

  9. Authored by Senator Boren

  10. First Reading

Sponsors

Sponsorship breakdown

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2 sponsors · 0 co-sponsors · 149 not signed on

Sponsors (2)

Co-sponsors (0)

None.

Not signed on (149)

149 members have not signed on to this bill.

Show all 149 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Appropriations

Passed 21 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democrat 4000
Republican 17000
Unaffiliated 0001
Total 21001
% of votes cast 95%0%0%5%
How each member voted (22)
Member Party Vote
STRIKE THE TITLE - ADOPTED — Not Voting
Carri Hicks Democrat Yea
Jo Anna Dossett Democrat Yea
Julia Kirt Democrat Yea
Regina Goodwin Democrat Yea
Aaron Reinhardt Republican Yea
Adam Pugh Republican Yea
Ally Seifried Republican Yea
Brenda Stanley Republican Yea
Brent Howard Republican Yea
Casey Murdock Republican Yea
Dana Prieto Republican Yea
Darcy Jech Republican Yea
District 24 Republican Yea
Grant Green Republican Yea
Jack Stewart Republican Yea
John Haste Republican Yea
Kendal Sacchieri Republican Yea
Paul Rosino Republican Yea
Roland Pederson Republican Yea
Todd Gollihare Republican Yea
Tom Woods Republican Yea

Official roll call →

Do Pass Amended Cs

Passed 11 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 9000
Democrat 2000
Unaffiliated 0002
Total 11002
% of votes cast 85%0%0%15%
How each member voted (13)
Member Party Vote
AMD SB367 PCS - ADOPTED (Request No: 1699) — Not Voting
STRIKE THE TITLE - ADOPTED — Not Voting
Julia Kirt Democrat Yea
Mark Mann Democrat Yea
Brent Howard Republican Yea
Christi Gillespie Republican Yea
Chuck Hall Republican Yea
Dave Rader Republican Yea
Dusty Deevers Republican Yea
Kendal Sacchieri Republican Yea
Shane Jett Republican Yea
Todd Gollihare Republican Yea
Warren Hamilton Republican Yea

Official roll call →

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 367?
SB 367 is sponsored by Mary B. Boren (Democrat) and Trish Ranson (Democrat).
What is the current status of SB 367?
This bill is in committee in the Senate. Introduced February 03, 2025. It must pass committee before a floor vote.
Where can I track SB 367?
Track SB 367 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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