Income Tax Credit Bill Defining Strategic Finance Partner Enrolled
Summary
Oklahoma SB1992 has been enrolled after passing both chambers (Senate 30-14, House 65-24). The bill defines 'strategic finance partner' and creates an income tax credit. The measure received amendments in the Senate Appropriations Committee and House Appropriations and Budget Committee before final passage.
What changed
Oklahoma SB1992 has been enrolled as a final bill, having passed both chambers of the legislature. The bill defines 'strategic finance partner' and establishes a state income tax credit. The measure was amended twice during the legislative process, including changes to the title and appropriations-related modifications.
Affected parties, including financial institutions designated as strategic finance partners and Oklahoma businesses claiming the income tax credit, should monitor for the bill's effective date and any implementing regulations from the Oklahoma Tax Commission.
What to do next
- Monitor for updates on effective date and implementation guidance
Archived snapshot
Apr 14, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
ChangeBridge / Oklahoma / SB1992 Enrolled SB1992 Senate Bill Enrolled 2026-03-24
Income tax credit; defining "strategic finance partner." Effective date.
Bill Details
State Oklahoma
Session 2026 Regular Session
Chamber Senate
Official Source www.oklegislature.gov/BillInfo.aspx?Bill=s...
LegiScan View on LegiScan
Sponsors
Chuck Hall (Sen - R) Trey Caldwell (Rep - R)
Action History
2026-04-13 S Referred for enrollment 2026-04-13 H Signed, returned to Senate 2026-04-13 H Third Reading, Measure passed: Ayes: 65 Nays: 24 2026-04-13 H General Order 2026-04-08 H CR; Do Pass Appropriations and Budget Committee 2026-03-30 H Second Reading referred to Appropriations and Budget 2026-03-24 H First Reading 2026-03-24 S Engrossed to House 2026-03-23 S Referred for engrossment 2026-03-23 S Measure passed: Ayes: 30 Nays: 14 2026-03-23 S Title restored 2026-03-23 S General Order, Amended 2026-03-02 S Placed on General Order 2026-02-25 S Title stricken 2026-02-25 S Reported Do Pass as amended Appropriations committee; CR filed 2026-02-11 S Coauthored by Representative Caldwell (Trey) (principal House author) 2026-02-03 S Second Reading referred to Appropriations 2026-02-02 S Authored by Senator Hall 2026-02-02 S First Reading
Votes
2026-02-25 Senate: Appropriations Committee: DO PASS AMENDED Yea: 20 Nay: 0 2026-03-23 Senate: THIRD READING Yea: 30 Nay: 14 2026-04-07 House: Appropriations and Budget Committee: DO PASS Yea: 27 Nay: 2 2026-04-13 House: THIRD READING Yea: 65 Nay: 24
Committee Referrals
2026-02-03 S Appropriations 2026-03-30 H Appropriations and Budget
Amendments
2026-03-09 Senate Floor SB1992 (3-09-26) (HALL) RT FA1
Bill Text Versions
2026-01-15 Introduced 2026-02-26 Amended 2026-03-24 Engrossed 2026-04-08 Amended Legislative data powered by LegiScan (CC BY 4.0)
Named provisions
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