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OK HB2011
Bill
Status
5/27/2025
Primary Sponsor
Daniel Pae
Click for details
AI Summary
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Creates an income tax credit for firefighters to cover unreimbursed costs of cancer detection medical procedures, up to $250 per year, beginning tax year 2026
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Covers cancer types with higher risk for firefighters, including lung, prostate, testicular, skin, colon, and breast cancer
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Credit is non-refundable but unused amounts may be carried forward for up to 5 subsequent tax years
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Total statewide credits capped at $1.5 million annually starting in tax year 2028, with the Oklahoma Tax Commission adjusting credit percentages to enforce the cap
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Effective November 1, 2025
Legislative Description
Tax credits; Fighting Chance for Firefighters Act; income tax credit for certain unreimbursed medical costs incurred by firefighters; limitation; effective date.
Last Action
Becomes law without Governor's signature 05/25/2025
5/27/2025