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OK SB683
Bill
Status
2/3/2025
Primary Sponsor
Lonnie Paxton
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AI Summary
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Expands qualified expenses for private school students to include summer learning programs, academic tutoring, textbooks and curriculum materials, standardized testing fees (including college admission and AP exams), and online educational programs
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Requires taxpayers to submit receipts or an itemized list of intended purchases when claiming credits for non-tuition qualified expenses
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Prohibits taxpayers from claiming both the private school credit (up to $7,500) and the homeschool credit ($1,000) for the same eligible student in the same tax year
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Expands Oklahoma Tax Commission audit authority to cover claims for the newly added qualified expense categories
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Adds requirement for Commission to report credits claimed disaggregated by qualifying expenditure categories in addition to existing income category reporting
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Effective date: November 1, 2026
Legislative Description
Education; Oklahoma Parental Choice Tax Credit Act; expanding qualifying expenses eligible for credit; requiring submission of receipt or list to claim certain qualifying expenses. Effective date.
Last Action
Placed on General Order
2/25/2026