Environment and natural resources; Terry Peach North Canadian Watershed Restoration Act; pilot program; definitions; fund; effective date.

Summary

The bill establishes an income‑tax credit for individual taxpayers who perform qualified stewardship practices on land in Oklahoma, such as removing harmful woody plants, improving soil health, or enhancing water efficiency. Credit amounts range from $5 to $500 per acre for one practice and $10 to $1,000 per acre for two practices, with annual caps of $150,000 or $200,000. The Oklahoma Conservation Commission will issue credit certificates, track participation in a database, and report recipients to the state tax agency.

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