OK SB816

Allows employers a 30% tax credit for employee child care expenses, 50% credit for operating an employer-sponsored facility, 30% credit for reserving spots at licensed facilities, or 30% credit for constructing a child care facility within 2 miles of workplace for tax years 2026-2030.

Provides a $1,000 refundable tax credit for qualified child care workers employed at least 8 consecutive months who perform classroom services, are enrolled in Oklahoma's Professional Development Ladder, and have earned a minimum of 12 credit hours.

Caps employer child care credits at $30,000 per tax year, with unused credits carried forward up to 5 subsequent tax years.

Starting in tax year 2028, limits total annual credits to $5,000,000 for tax years 2028-2029 and $14,000,000 for tax year 2030 and beyond, with the Oklahoma Tax Commission adjusting credit percentages accordingly.

Requires child care facilities to be licensed and enrolled in Oklahoma's Quality Rating and Improvement System (QRIS) to qualify; effective November 1, 2025.