OK
Oklahoma House Bill HB3268

Oklahoma 2024 Regular Session

Oklahoma House Bill HB3268

Introduced
2/5/24  

Caption

Oklahoma Higher Learning Access Program; excluding certain tax credit from income eligibility calculation; effective date.

Impact

If enacted, HB 3268 would directly alter how income is calculated for families wishing to have their children participate in the Oklahoma Higher Learning Access Program. By clarifying that certain tax credits should not impact income eligibility, the program may become more accessible to families who are otherwise financially burdened. This could potentially increase participation rates in higher education programs, thus supporting educational attainment across Oklahoma.

Summary

House Bill 3268 aims to amend regulations surrounding the Oklahoma Higher Learning Access Program by redefining eligibility criteria for financial support. Notably, the bill proposes to exclude certain tax credits from income calculations that determine a family's eligibility for assistance under the program. This measure is intended to better reflect the financial need of students seeking access to higher education funding by ensuring that families who benefit from tax credits do not have those credits counted against their income when applying for program eligibility.

Contention

While the intent behind HB 3268 is to promote fairness and accessibility in state-supported higher education, it may generate debates among stakeholders regarding the implications for state funding. Critics might argue that excluding tax credits could lead to increased financial strain on the program's budget. Additionally, discussions may arise concerning the balance between aiding students in need and the overall fiscal responsibility of maintaining a sustainable educational assistance program.

Companion Bills

No companion bills found.

Previously Filed As

OK HB2772

Higher education; Oklahoma Higher Learning Access Act; modifying eligibility requirements for the Oklahoma Higher Learning Access Program; effective date.

OK HB1015

Oklahoma Higher Learning Access Program; program eligibility; modifying minimum ACT score for certain students; effective date.

OK HB2718

Higher education; Oklahoma Higher Learning Access Trust Fund; Oklahoma Promise Opportunity Scholarship Act; effective date.

OK SB27

Oklahoma Higher Learning Access Program; providing certain qualifying score; providing eligibility for students who complete certain core curriculum. Effective date. Emergency.

OK SB529

Teachers; creating the Oklahoma Teacher Corps Program; providing eligibility. Effective date. Emergency.

OK HB1990

Scholarship programs; the Oklahoma Future Teacher Scholarship and Employment Incentive Program; modifying program eligibility; effective date.

OK SB307

Income tax; modifying calculation of the Oklahoma earned income tax credit. Effective date.

OK HB1342

Scholarship programs; the Oklahoma Future Teacher Scholarship and Employment Incentive Program; providing program eligibility to home school students; effective date.

OK HB1935

Students; creating the Oklahoma Parental Choice Tax Credit Act; creating income tax credit for certain taxpayers; emergency.

OK HB1934

Students; creating the Oklahoma Parental Choice Tax Credit Act; creating income tax credit for certain taxpayers.

Similar Bills

OK HB2399

Oklahoma Higher Learning Access Program; modifying eligibility for certain students to participate in program; effective date.

OK HB1739

Children; Connecting Futures Act; Department of Human Services; services; referrals; rules; Oklahoma Higher Learning Access Program; effective date.

OK HB1727

Higher education; Oklahoma Higher Learning Access Program; eligibility for children of certain teachers; effective date; emergency.

OK HB2772

Higher education; Oklahoma Higher Learning Access Act; modifying eligibility requirements for the Oklahoma Higher Learning Access Program; effective date.

OK HB2772

Higher education; Oklahoma Higher Learning Access Act; modifying eligibility requirements for the Oklahoma Higher Learning Access Program; effective date.

OK HB3454

Oklahoma Higher Learning Access Program; providing eligibility for children of certain teachers; effective date; emergency.

OK SB132

Oklahoma Higher Learning Access Program; allowing eleventh-grade students to enter into agreements. Effective date. Emergency.

OK HB2718

Higher education; Oklahoma Higher Learning Access Trust Fund; Oklahoma Promise Opportunity Scholarship Act; effective date.