HB 2942·OK·house
Revenue and taxation; Health Care Sharing Ministry Tax Parity Act; definitions; income tax deduction; effective date.
Reported by CommitteeFiled Feb 2, 2026
Sponsor: Hildebrant
Latest Action
Recommendation to the full committee; Do Pass Appropriations and Budget Finance Subcommittee
Feb 19, 2026
Summary
The bill lets Oklahoma residents who belong to a health‑care sharing ministry subtract their contributions from state income tax, just like health‑insurance premiums. It applies to individuals, the self‑employed, and employer contributions, and takes effect for tax years starting Jan. 1, 2027. Penalties are set for false claims.
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