HB 3123 Summary

• Modifies Oklahoma's volunteer firefighter tax credit by changing the structure from basic certification to tiered training requirements with increased credit amounts ranging from $200 to $500 annually.

• Establishes four credit categories based on firefighter training completion: $200 for basic training, $300 for intermediate training, $400 for advanced training, and $500 for highest-level training.

• Requires volunteer firefighters to provide documentation of annual training hours and certifications (minimum 12 hours initially, then 6 hours annually) through Oklahoma State University Fire Service Training, Career Technology Centers, or council-approved providers.

• Limits taxpayers to claiming only one tax credit category per taxable year and restricts credit claims to once annually, with the local Fire Chief designated as authority to approve all volunteer firefighter training.

• Effective date: January 1, 2011, with applicability to taxable years beginning after December 31, 2010.