The bill establishes the "Oklahoma Trade School Tuition Tax Credit," which provides a tax credit of $7,500 for individuals who have received certification from a qualified trade or vocational program located in Oklahoma. The credit is applicable for taxable years beginning on or after January 1, 2026, and taxpayers must claim the credit within three calendar years of receiving their certification. The bill defines "qualified program" as trade or vocational schools that offer practical training in specific trades such as HVAC, plumbing, automotive mechanics, electrical work, carpentry, welding, and construction.

Additionally, the bill stipulates that the tax credit cannot reduce a taxpayer's income tax liability to less than zero. The new legal language created by this bill will be codified as Section 2357.701 of Title 68 in the Oklahoma Statutes, and it includes provisions for noncodification and an effective date of November 1, 2025.