Schools; Oklahoma Parental Choice Tax Credit Program; Oklahoma Tax Commission; website; effective date.

Summary

The bill amends the Parental Choice Tax Credit Act and sets up a program, run by the Oklahoma Tax Commission, that gives income‑tax credits to taxpayers who spend money on qualified education costs for eligible students. Credits are based on household income and are higher for low‑income families and schools that serve homeless or financially disadvantaged students. It also defines who can claim the credit and what expenses qualify.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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