Oklahoma 2026 Regular Session

Oklahoma House Bill HB2839

Introduced
2/3/25  

Caption

Revenue and taxation; County Road and Bridge Funding Incentive Act of 2025; income tax credit; donations; counties; carryover; effective date.

Summary

HB2839 creates the County Road and Bridge Funding Incentive Act of 2025 and establishes a refundable-style income tax credit structure for certain donations made by individual taxpayers to counties. Beginning with tax years on or after January 1, 2026, a natural person donating in an individual capacity to a county’s County Road and Bridge Incentive Account may claim a credit against Oklahoma income tax, with the credit percentage tied to county population. Smaller counties receive a larger credit percentage, ranging from 100% for counties under 25,000 residents down to 25% for counties between 75,000 and 100,000 residents, and no credit is allowed for donations to counties over 100,000 residents. The bill limits the credit in several ways. It cannot reduce a taxpayer’s liability below zero, may only be claimed by natural persons rather than business entities, and unused credit may be carried forward for five years. The Tax Commission must also administer an annual statewide cap of $25 million in credits used to offset tax, with a formula to reduce the credit percentage if the cap is exceeded. The act is scheduled to expire for new credits after December 31, 2031, and becomes effective January 1, 2026.

Impact

If enacted, HB2839 would add a new section to Title 68 of the Oklahoma Statutes, creating a targeted income tax credit for donations to county road and bridge funding accounts. It would also require county treasurers in eligible counties to establish a dedicated County Road and Bridge Incentive Account within the county donation fund and restrict use of those funds to road and bridge improvements and repairs to existing equipment, not new equipment purchases. The Oklahoma Tax Commission would be responsible for calculating and publishing any annual percentage reduction needed to keep total credits within the $25 million cap.

Sentiment

The available record shows no committee transcript, vote tally, or recorded debate, so there is no documented legislative sentiment beyond the bill’s introduction and referral to Rules. Based on the text, the measure appears designed to encourage private donations for county infrastructure by offering a tax incentive, suggesting a generally pro-infrastructure and pro-county funding posture. However, because no discussion or votes are provided, support or opposition cannot be reliably characterized from the record.

Contention

The main policy issues likely to draw attention are the unequal credit percentages based on county population, the exclusion of counties over 100,000 residents, and the statewide $25 million annual cap that could reduce the value of the credit if demand is high. Another potential point of contention is that the credit benefits only individual taxpayers, not legal entities, which may limit participation and could be viewed as either a safeguard or a restriction. The restriction that donated funds may not be used to buy new equipment, only to repair existing equipment and improve roads or bridges, may also be debated by counties seeking broader flexibility.

Companion Bills

OK HB2839

Carry Over Revenue and taxation; County Road and Bridge Funding Incentive Act of 2025; income tax credit; donations; counties; carryover; effective date.

Previously Filed As

OK HB2839

Revenue and taxation; County Road and Bridge Funding Incentive Act of 2025; income tax credit; donations; counties; carryover; effective date.

OK HB2447

Revenue and taxation; broadband communications; income tax credit; effective date.

OK HB2260

Revenue and taxation; income tax credit; civil engineering; effective date.

OK HB2740

Revenue and taxation; taxations; rates; income tax; exemptions; effective date.

OK HB2366

Revenue and taxation; income tax credit; biomanufacturing; effective date.

OK HB2229

Revenue and taxation; income tax; earned income tax credit; effective date.

OK HB1536

Revenue and taxation; creating the Oklahoma Gun Safety Incentive Act; income tax credit; Oklahoma Tax Commission; Oklahoma Department of Public Safety; initiative; effective date.

OK HB1359

Revenue and taxation; income tax credit; legally married couple; child; effective date.

OK HB2840

Revenue and taxation; income tax credit; National Guard; home station; effective date.

OK HB2094

Revenue and taxation; Oklahoma Revenue and Taxation Act of 2025; effective date.

Similar Bills

No similar bills found.