Oklahoma created two incentives over a decade ago to help address a skills gap that made it difficult for employers to fill aerospace engineering positions in the state. One incentive is a tax credit for aerospace employers based on compensation paid to qualified employees. The other is an income tax credit for qualified aerospace employees. A 2020 evaluation conducted by PFM Group Consulting* concluded that these programs perform well, with economic benefits exceeding costs. PFM and the Oklahoma Incentive Evaluation Commission recommended that the state retain the credits.
