Schools; Oklahoma Parental Choice Tax Credit; Oklahoma Tax Commission website requirements; effective date.
Referred to Appropriations and Budget Education Subcommittee
Summary
The bill revises the Oklahoma Parental Choice Tax Credit, defining new terms, expanding what counts as a qualified expense, and setting tiered credit amounts based on family income. It also requires the Oklahoma Tax Commission to post tuition information online and obligates private schools to make their tuition amounts publicly available. The changes aim to make the credit clearer and improve transparency for families considering private education.
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