Oklahoma House Bill 1934, or the Oklahoma Parental Choice Tax Credit Act, which passed the state senate and house two weeks ago, is finally headed to Gov. Kevin Stitt for signature. The bill provides families with tax credits of $5,000 to $7,500, depending on parental income, for use in paying private-school tuition.
The legislation would go into effect in 2024 (with $150 million allocated), and the funding would increase to $200 million in 2025 and $250 million in 2026.
“Today is a great day for Oklahoma families,” stated Jason Bedrick, a Heritage Foundation research fellow. “This policy empowers all Oklahoma families to choose the learning environments that align with their values and best meet their children’s needs.”
“Simply put, today kids win, parents win and teachers win,” said Greg Treat, Oklahoma Senate president pro tempore. “This is a big day for education, regardless of the means.”