---
type: "Bill"
title: "Income tax; modifying eligibility for income tax credit; modifying projects allowed for qualified initial infrastructure expenditures. Effective date."
description: "Income tax; modifying eligibility for income tax credit; modifying projects allowed for qualified initial infrastructure expenditures. Effective date."
jurisdiction: "us/states/ok"
legislature: "Oklahoma Legislature"
session: "2024"
identifier: "SB 1401"
citation: "Oklahoma SB 1401 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Hall", "Wallace"]
version_count: 5
action_count: 22
vote_count: 5
first_action: "2024-02-05"
last_action: "2024-04-26"
source: "openstates"
source_identifier: "ocd-bill/4ef076f0-d76b-4ff1-8563-25631669dfde"
source_url: "http://www.oklegislature.gov/BillInfo.aspx?Bill=SB1401&session=2400"
source_hash: "08d2a14dfa4a527da5cf62d60b9ea847a7c4e07cbc714d1c363d00495be38194"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ok"]
---

# Oklahoma SB 1401 (2024) — Income tax; modifying eligibility for income tax credit; modifying projects allowed for qualified initial infrastructure expenditures. Effective date.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 INT/SB/SB1401 INT.PDF)
2. **Engrossed** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENGR/SB/SB1401 ENGR.PDF)
3. **Enrolled (final version)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENR/SB/SB1401 ENR.PDF)
4. **Floor (House)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/HFLR/SB1401 HFLR.PDF)
5. **Floor (Senate)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/SFLR/SB1401 SFLR.PDF)

## Votes

- Finance — **11–1** (pass) · upper
- Third Reading — **80–7** (pass) · lower
- Third Reading — **39–7** (pass) · upper
- Business & Commerce — **13–0** (pass) · upper
- Appropriations And Budget Committee: Do Pass — **30–0** (pass) · lower

## Sponsors

- Hall — primary (person)
- Wallace — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-02-05** First Reading `introduction, reading-1`
- **2024-02-05** Authored by Senator Hall
- **2024-02-06** Second Reading referred to Business and Commerce Committee then to Finance Committee `reading-2, referral-committee`
- **2024-02-06** Reported Do Pass Business and Commerce committee; CR filed `committee-passage`
- **2024-02-06** Referred to Finance `referral-committee`
- **2024-02-12** Reported Do Pass Finance committee; CR filed `committee-passage`
- **2024-02-14** Coauthored by Representative Wallace (principal House author)
- **2024-02-19** General Order, Considered
- **2024-02-19** Measure passed: Ayes: 39 Nays: 7 `passage`
- **2024-02-19** Referred for engrossment
- **2024-02-20** Engrossed to House `passage`
- **2024-02-20** First Reading `introduction, reading-1`
- **2024-03-25** Second Reading referred to Appropriations and Budget `reading-2, referral-committee`
- **2024-04-04** CR; Do Pass Appropriations and Budget Committee `committee-passage`
- **2024-04-22** General Order
- **2024-04-22** Third Reading, Measure passed: Ayes: 80 Nays: 7 `passage, reading-3`
- **2024-04-22** Signed, returned to Senate
- **2024-04-22** Referred for enrollment
- **2024-04-23** Enrolled, to House
- **2024-04-23** Signed, returned to Senate
- **2024-04-23** Sent to Governor `executive-receipt`
- **2024-04-26** Approved by Governor 04/26/2024 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4ef076f0-d76b-4ff1-8563-25631669dfde`. Confidence: reported (aggregated from official Oklahoma legislature records).