• Contact
Wednesday, August 6, 2025
  • Login
Oklahoma Business Voice
  • Home
  • News
    • All
    • Aerospace
    • Childcare
    • Education
    • Energy & Environment
    • Federal
    • Film & Television Industry
    • Finance
    • Health Care
    • Innovation
    • Issues Affecting Oklahomans
    • OBV One-on-One
    • Opinion
    • Politics & Elections
    • Taxes & Budget
    • Tribal
    • Workforce Development
    Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

    Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

    New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC

    New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC

    Oklahoma City Skyline

    U.S. News names Oklahoma City best big U.S. city to live in

    A Central Technology Center Class A CDL student behind the wheel of a semi-truck.

    Central Tech remedying truck driver shortage in Oklahoma

  • Sign UpNEW
  • About
  • Contact
  • Advertise With Us!
No Result
View All Result
  • Home
  • News
    • All
    • Aerospace
    • Childcare
    • Education
    • Energy & Environment
    • Federal
    • Film & Television Industry
    • Finance
    • Health Care
    • Innovation
    • Issues Affecting Oklahomans
    • OBV One-on-One
    • Opinion
    • Politics & Elections
    • Taxes & Budget
    • Tribal
    • Workforce Development
    Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

    Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

    New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC

    New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC

    Oklahoma City Skyline

    U.S. News names Oklahoma City best big U.S. city to live in

    A Central Technology Center Class A CDL student behind the wheel of a semi-truck.

    Central Tech remedying truck driver shortage in Oklahoma

  • Sign UpNEW
  • About
  • Contact
  • Advertise With Us!
No Result
View All Result
Oklahoma Business Voice
No Result
View All Result
Home News
State Capitol of Oklahoma in Oklahoma City

State Capitol of Oklahoma in Oklahoma City

Oklahoma unemployment tax reform bills head to Gov. Stitt

Hicham Raache by Hicham Raache
May 9, 2025
in News, Politics & Elections, Taxes & Budget
Reading Time: 2 mins read
Share on FacebookShare on Twitter

OKLAHOMA CITY (OBV) – Two bills created to reform Oklahoma’s unemployment tax system are headed to Gov. Kevin Stitt for final approval.

The Oklahoma House of Representatives passed both Senate Bill 911 and Senate Bill 924 unanimously. Both bills were written by Sen. Bill Coleman, R-Ponca City, and Rep. Mark Tedford, R-Jenks.

The bills seek to modernize Oklahoma’s unemployment tax system, which Tedford says is needed to help Oklahoma’s small business owners.

“For small business owners, just one or two claims can send their unemployment tax rate sky-high. That’s not sustainable for those working trying to keep people employed,” Tedford said. “And when fraud slips through the cracks, it hurts everyone. These bills help level the playing field—making taxes fairer and tightening up the system so benefits go where they’re supposed to.”

SB 911 reduces the top unemployment tax rate from 9.2 percent to 6.5 percent, offering direct relief to Oklahoma employers by lowering the rate and updating outdated formulas.

House officials said the reduction especially benefits small businesses, enabling those businesses to hit the top rate after a few claims. The bill makes the unemployment system more fair and predictable by . SB911 also establishes a new conditional factor rate table and raises the threshold for triggering an unemployment insurance surcharge from $25 million to $50 million.

Senate Bill 924 targets unemployment system fraud by allowing the Oklahoma Employment Security Commission (OESC) to require in-person interviews when fraud is suspected. It also authorizes OESC to deny claims when the employer is not correctly named. House officials say both tools are critical to protecting the system’s integrity.

SB 924 also updates statutory language and clarifies judicial review procedures to improve efficiency and consistency in appeals, according to House officials.

Both bills go into effect on Nov. 1 if Stitt signs them into law.

Tags: Governor Kevin StittOESCOklahomaOklahoma Employment Security CommissionReformRepresentative Mark TedfordSB 924Senate Bill 911Senate Bill 924Senator Bill ColemanUnemployment Tax
ShareTweetShare
Previous Post

Gov. Stitt signs Oklahoma internship, apprenticeship growth bill into law

Next Post

Oklahoma’s brightest show brilliance in National Civics Bee state finals

Related Posts

Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port
Aerospace

Premium Aerospace Center to Invest $65 Million in Major Expansion at Oklahoma Air & Space Port

August 6, 2025
New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC
Aerospace

New Runway Opens at Wiley Post Airport, Boosting Growth in Northwest OKC

August 5, 2025
Oklahoma City Skyline
News

U.S. News names Oklahoma City best big U.S. city to live in

August 1, 2025
A Central Technology Center Class A CDL student behind the wheel of a semi-truck.
Education

Central Tech remedying truck driver shortage in Oklahoma

July 31, 2025
Gov. George Nigh, photo from University of Central Oklahoma
News

Former Oklahoma Governor George Nigh dies at age 98

July 30, 2025
State Suppliers Expo in Oklahoma
News

Suppliers Expo to bring Oklahoma businesses, state agencies together

July 29, 2025
Next Post
National Civics Bee Oklahoma State Finals

Oklahoma's brightest show brilliance in National Civics Bee state finals

Oklahoma Business Voice

© 2023 Oklahoma State Chamber.
Powered by High Five Media.
Privacy Policy

Navigate Site

  • Home
  • News
  • Sign Up
  • About
  • Contact
  • Advertise With Us!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Sign Up
  • About
  • Contact
  • Advertise With Us!

© 2023 Oklahoma State Chamber.
Powered by High Five Media.
Privacy Policy

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.