OK HB1201

Tax credit of 70% allowed for contributions to pregnancy resource centers or other qualifying centers, effective for tax years beginning after December 31, 2025 through January 1, 2031

Maximum tax credit per taxpayer capped at $50,000 per year, with unused credits carrying over to the next taxable year; minimum contribution of $100 required to claim credit

Qualifying pregnancy resource centers must provide free services to clients including pregnancy testing, counseling, prenatal care, ultrasounds, parenting skills, housing assistance, and adoption services while not performing or referring for abortions

Other qualifying centers include maternity homes providing postpartum support such as transitional housing, lactation support, and maternal well-being programs for up to one year after birth

Total annual tax credits statewide capped at $5 million, with the Oklahoma Tax Commission adjusting credit percentages annually based on prior year claims to stay within the cap