Senate Bill No. 250 amends the Oklahoma Minimum Wage Act by updating the provisions related to the computation of minimum wage for employees. The bill specifies that credit towards the minimum required wage shall be given for tips, gratuities, meals, or lodging received by the employee, provided that the employer pays a cash wage that meets or exceeds the requirements set forth in federal regulations. The previous limitation that allowed credit for these benefits only up to fifty percent of the wage has been removed, allowing for a more flexible approach to wage computation.

Additionally, the bill introduces a new provision stating that if the minimum wage exceeds the current federal minimum wage, credit for tips, gratuities, meals, or lodging may still be applied. This change aims to ensure that employees are fairly compensated while also aligning state law with federal standards. The act is set to take effect on November 1, 2025.