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OK SB472
Bill
Status
2/3/2025
Primary Sponsor
Micheal Bergstrom
Click for details
AI Summary
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Amends the Oklahoma Parental Choice Tax Credit Act to allow eligible students to accept any scholarship, including the Lindsey Nicole Henry Scholarships for Students with Disabilities Program, while participating in the tax credit program
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Previously, students could only accept "a scholarship" while participating; the amendment broadens this to "any scholarship" removing the limitation
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Tax credit amounts for private school tuition range from $5,000 to $7,500 depending on family income, with higher credits for lower-income families (those with combined adjusted gross income at or below $75,000 receive the maximum)
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Total program caps set at $250 million annually for private school credits (fiscal year 2026 and beyond) and $5 million for homeschool education credits
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Effective date of November 1, 2025
Legislative Description
Oklahoma Parental Choice Tax Credit Act; expanding scope of scholarships while participating in the program. Effective date.
Last Action
Coauthored by Representative Lepak (principal House author)
2/26/2025