OK SB287

Extends the tax years during which qualified employers in the aerospace sector may claim tuition reimbursement credits for employees from ending before January 1, 2026 to tax years 2009 through 2031.

Extends the tax years during which qualified employers may claim compensation credits for aerospace sector employees from ending before January 1, 2026 to tax years 2009 through 2031, with credits up to $12,500 annually per employee.

Extends the tax years during which qualified employees in the aerospace sector may claim income tax credits of up to $5,000 per year (for up to 5 years lifetime) from ending before January 1, 2026 to tax years 2009 through 2031.

Becomes effective November 1, 2025.