SB324 — Incentives; creating the Oklahoma Research and Development Rebate Fund; prescribing sources of funds; creating a research and development rebate program; authorizing promulgation of rules.

SB324 — Incentives; creating the Oklahoma Research and Development Rebate Fund; prescribing sources of funds; creating a research and development rebate program; authorizing promulgation of rules. · Informed CitizenrySB324 proposes to create a tax credit for certain qualified research expenditures incurred in Oklahoma. Starting in the 2026 tax year, the credit would equal 5% of qualified research expenditures a…Open in Informed Citizenry