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SB229
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Oklahoma Senate Bill SB229

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Oklahoma 2025 Regular Session

Oklahoma Senate Bill SB229 Compare Versions

Only one version of the bill is available at this time.

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1
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4	4		Req. No. 100 Page 1 1
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53	53		STATE OF OKLAHOMA
54	54
55	55		1st Session of the 60th Legislature (2025)
56	56
57	57		SENATE BILL 229 By: Daniels
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63	63		AS INTRODUCED
64	64
65	65		An Act relating to income tax credit; amending
66	66		Sections 2, as amended by Section 3, Chapter 277,
67	67		O.S.L. 2024, and 3, Chapter 278, O.S.L. 2023, (70
68	68		O.S. Supp. 2024, Section s 28-101 and 28-102), which
69	69		relate to the Oklahoma Parental Choice Tax Credit
70	70		Act; modifying annual credit limit for certain fiscal
71	71		and tax years; modifying preference requirement for
72	72		authorizing credits; requiring certai n credit
73	73		reallocation by the Oklahoma Tax Commission; removing
74	74		certain notification requirement and certain
75	75		effective revocation of consent; and providing an
76	76		effective date.
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81	81		BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
82	82		SECTION 1. AMENDATORY Section 2, Chapter 278, O.S.L.
83	83		2023, as amended by Section 3, Chapter 277, O.S.L. 2024 (70 O.S.
84	84		Supp. 2024, Section 28 -101), is amended to read as follows:
85	85		Section 28-101. A. As used in the Oklahoma Parental Choice Tax
86	86		Credit Act:
87	87		1. “Commission” means the Oklahoma Tax Commission;
88	88		2. “Curriculum” means a complete course of study for a
89	89		particular content area or grade level;
90	90		3. “Department” means the State Department of Education;
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142	142		4. “Education service provider ” means a person, business,
143	143		public school district, public charter school, magnet school, or
144	144		organization that provides educational goods and/or services to
145	145		eligible students in this state;
146	146		5. “Eligible student” means a resident of this state who is
147	147		eligible to enroll in a public school in this state. Eligible
148	148		student shall include a studen t who is enrolled in and attends or is
149	149		expected to enroll in a private school in this state accredited by
150	150		the State Board of Education or another accrediting association or a
151	151		student who is educated pursuant to the other means of education
152	152		exception provided for in subsection A of Section 10 -105 of this
153	153		title;
154	154		6. “Qualified expense” for the purpose of claiming the credit
155	155		authorized by paragraph 1 of subsection C of this section m eans
156	156		tuition and fees at a private school in this state accredited by the
157	157		State Board of Education or another accrediting association.
158	158		Provided, the amount of tuition and fees considered a qualified
159	159		expense pursuant to this paragraph shall not include tui tion and
160	160		fees paid with any scholarship or tuition and fees discounted or
161	161		otherwise reduced by the school;
162	162		7. “Qualified expense” for the purpose of claiming the credit
163	163		authorized by paragraph 2 of subsection C of this section means the
164	164		following expenditures:
165	165
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216	216		a. tuition and fees for nonpublic learning programs,
217	217		online or in person,
218	218		b. academic tutoring services provided by an individual
219	219		or a private academic tutoring facility,
220	220		c. textbooks, curriculum, or other instructional
221	221		materials including, but not l imited to, supplemental
222	222		materials or associated online instruction required by
223	223		an education service provider, and
224	224		d. fees for nationally standardized assessments
225	225		including, but not limited to, assessments used to
226	226		determine college admission and advanced pl acement
227	227		examinations as well as tuition and fees for tutoring
228	228		or preparatory courses for the assessments; and
229	229		8. “Taxpayer” means a biological or adoptive parent,
230	230		grandparent, aunt, uncle, legal guardian, custodian, or other person
231	231		with legal authority to act on behalf of an eligible student.
232	232		B. There is hereby created the Oklahoma Parental Choice Tax
233	233		Credit Program to provide an income tax credit to a taxpayer for
234	234		qualified expenses to support the education of eligible students in
235	235		this state.
236	236		C. For the tax year 2024 and subsequent tax years, and fiscal
237	237		year 2026 and subsequent f iscal years, there shall be allowed
238	238		against the tax imposed by Section 2355 of Title 68 of the Oklahoma
239	239		Statutes a credit for any Oklahoma taxpayer who incurs a qualified
240	240
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291	291		expense on behalf of an eligible student, to be administered subject
292	292		to the following amounts:
293	293		1. If the eligible student attends a private school in this
294	294		state accredited by the State Board of Education or another
295	295		accrediting association, the annual maximum cre dit amount for tax
296	296		year 2024, fiscal year 2026, and each subsequent fiscal yea r shall
297	297		be:
298	298		a. Seven Thousand Five Hundred Dollars ($7,500.00) or the
299	299		amount of tuition and fees for the private school,
300	300		whichever is less, if the combined adjusted gross
301	301		income of the parents or legal guardians of the
302	302		eligible student during the second preceding tax year
303	303		does not exceed Seventy -five Thousand Dollars
304	304		($75,000.00),
305	305		b. Seven Thousand Dollars ($7,000.00) or the amount of
306	306		tuition and fees for the private school, which ever is
307	307		less, if the combined adjusted gross income of the
308	308		parents or legal guardians of the eligible student
309	309		during the second preceding tax year is more than
310	310		Seventy-five Thousand Dollars ($75,000.00) but does
311	311		not exceed One Hundred Fifty Thousand Dollar s
312	312		($150,000.00),
313	313		c. Six Thousand Five Hundred Dollars ($6,500.00) or the
314	314		amount of tuition and fees for the private school,
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366	366		whichever is less, if the combined adjusted gross
367	367		income of the parents or legal guardians of the
368	368		eligible student during the second preceding tax year
369	369		is more than One Hundred Fifty Thousand Dollars
370	370		($150,000.00) but does not exceed Two Hundred Twenty -
371	371		five Thousand Dollars ($225,000.00),
372	372		d. Six Thousand Dollars ($6,000.00) or the amount of
373	373		tuition and fees for the private school, whic hever is
374	374		less, if the combined adjusted gross income of the
375	375		parents or legal guardians of the eligible student
376	376		during the second preceding tax year is more than Two
377	377		Hundred Twenty-five Thousand Dollars ($225,000.00) but
378	378		does not exceed Two Hundred Fifty Th ousand Dollars
379	379		($250,000.00), or
380	380		e. Five Thousand Dollars ($5,000.00) or the a mount of
381	381		tuition and fees for the private school, whichever is
382	382		less, if the combined adjusted gross income of the
383	383		parents or legal guardians of the eligible student
384	384		during the second preceding tax year is more than Two
385	385		Hundred Fifty Thousand Dollars ($250,000.00);
386	386		2. For tax year 2024 and subsequent tax years, the maximum
387	387		credit amount shall be One Thousand Dollars ($1,000.00) in qualified
388	388		expenses per eligible student in each ta x year if the eligible
389	389		student is educated pursuant to the other means of educ ation
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441	441		exception provided for in subsection A of Section 10 -105 of this
442	442		title. To claim the credit, the taxpayer shall submit to the
443	443		Commission receipts for qualified expenses as defined by paragraph 7
444	444		of subsection A of this section;
445	445		3. If the eligible student attends a private school in this
446	446		state, accredited by the State Board of Education or another
447	447		accrediting association, that exclusively serves students
448	448		experiencing homelessness, the credit amount shall be Seven Thousand
449	449		Five Hundred Dollars ($7,500 .00) or the amount of the cost to
450	450		educate the eligible student at the private school, whichever is
451	451		less;
452	452		4. If the eligible student attends a private school in this
453	453		state, accredited by the State Board of Education or another
454	454		accrediting association, that primarily serves financially
455	455		disadvantaged students, the credit amount shall be the maximum
456	456		credit amount authorized by paragraph 1 of this subsection or the
457	457		amount of the cost to educate the eligible student at the private
458	458		school, whichever is less. The cost to educate the eligible student
459	459		shall be equal to the average cost to educate all students attending
460	460		the private school, which shall be calculated by dividing the
461	461		private school’s total expenditures in the previous year by the
462	462		total enrollment in the previous school year. A private school
463	463		shall be deemed to be primarily serving financially disadvantaged
464	464		students if ninety percent (90%) of the private school ’s admissions
465	465
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516	516		are based on enrolling students whose gross family income is two
517	517		hundred fifty percent (250%) of the federal poverty threshold or
518	518		below;
519	519		5. The taxpayer shall retain all receipts of qualified expenses
520	520		as proof of the amounts paid each tax year the credit is claimed and
521	521		shall submit them to the Commission upon request;
522	522		6. If the credit exceeds the tax imposed by Section 2355 of
523	523		Title 68 of the Oklahoma Statutes, the excess amount shall be
524	524		refunded to the taxpayer; and
525	525		7. Credits claimed by a taxpayer pursuan t to the provisions of
526	526		this section shall not be used to offset or pay the fol lowing:
527	527		a. delinquent tax liability,
528	528		b. accrued penalty or interest from the failure to file a
529	529		report or return,
530	530		c. accrued penalty or interest from the failure to pay a
531	531		state tax within the statutory period allowed for its
532	532		payment,
533	533		d. tax liability of the taxpayer from any prior tax year,
534	534		or
535	535		e. any debt, unpaid fine, final judgment, or claim filed
536	536		with the Commission by a qualified entity as defined
537	537		in Section 205.2 of Title 68 o f the Oklahoma Statutes.
538	538		D. 1. a. For tax year 2024, the total amount of credi ts
539	539		authorized by paragraph 1 of subsection C of this
540	540
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591	591		section shall not exceed One Hundred Fifty Million
592	592		Dollars ($150,000,000.00).
593	593		b. For the period of January 1, 2025, through J une 30,
594	594		2025, the total amount of credits authorized by
595	595		paragraph 1 of subsection C of this section shall not
596	596		exceed One Hundred Million Dollars ($100,000,000.00).
597	597		The Commission shall not require a taxpayer who
598	598		received a credit pursuant to paragraph 1 o f
599	599		subsection C of this section in tax year 2024 to
600	600		reapply for a credit payabl e during the period
601	601		described in this subparagraph. The Commission shall
602	602		base the credit amount payable for the spring 2025 on
603	603		the fall 2024 installment disbursement payment amo unt.
604	604		c. For fiscal year 2026 and subsequent fiscal years , the
605	605		total amount of credits authorized by paragraph 1 of
606	606		subsection C of this section shall not exceed Two
607	607		Hundred Fifty Million Dollars ($250,000,000.00).
608	608		d. For fiscal year 2027 and subsequent fis cal years,
609	609		there shall be no limit to the amount of credits
610	610		authorized by paragraph 1 of subsection C of this
611	611		section.
612	612		2. For tax year 2025 and subsequent tax years 2025 and 2026,
613	613		the total amount of credits authorized by paragraph 2 of subsection
614	614		C of this section shall not exceed Five Million Dollars
615	615
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666	666		($5,000,000.00). For tax year 2027 and subsequent tax years, there
667	667		shall be no limit to the amount of credits authorized by paragraph 2
668	668		of subsection C of this section.
669	669		E. The Commission shall prescribe ap plications for the purposes
670	670		of claiming the credits authorized by the Oklahoma Parental Choice
671	671		Tax Credit Act and a deadline by which applications shall be
672	672		submitted. A taxpayer claiming the credit authorized by paragraph 1
673	673		of subsection C of this section shall submit an application
674	674		prescribed by the Commission to receive the credit in two
675	675		installments, each of which shall be half of the expected amount of
676	676		tuition and fees for the private school based on the enrollment
677	677		verification form submitted pursuant to this subsection, but in no
678	678		event shall an installment payment exceed the am ount of the credit
679	679		authorized by paragraph 1 of subsection C of this section. If an
680	680		eligible taxpayer provides documentation on the application that he
681	681		or she is a recipient of income-based government benefits including
682	682		the Supplemental Nutrition Assistance Program (SNAP), Temporary
683	683		Assistance for Needy Families (TANF), or SoonerCare, the eligible
684	684		taxpayer shall not be required to provide additional income
685	685		verification. A taxpay er claiming the credit authorized by
686	686		paragraph 1 of subsection C of this secti on shall submit to the
687	687		Commission an enrollment verification form from the private school
688	688		in which the eligible student is enrolled or is expected to enroll
689	689		with the tuition and fees to be charged the taxpayer for the
690	690
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741	741		applicable school year. In reviewing applications submitted by
742	742		eligible taxpayers to determine whether they qualify for a credit
743	743		authorized by paragraph 1 of subsection C of this section, the
744	744		Commission shall give f irst preference in making installments to
745	745		taxpayers who qualify pursuant to su bparagraphs a and b of paragraph
746	746		1 of subsection C of this section. For credits issued in the 2025 -
747	747		2026 school year and subsequent school years, the application period
748	748		shall open on February 15 prior to the beginning of each school
749	749		year. For any eligible student whose parents or legal guardians
750	750		have a combined adjusted gross income that does not exceed One
751	751		Hundred Fifty Thousand Dollars ($150,000.00), applications shall be
752	752		submitted to the Commission within the first sixty (60) days of the
753	753		opening of the application period to receive priority consideration.
754	754		For students enrolled in the full school year, the credit shall be
755	755		paid in two installments, one per school semester, to be paid no
756	756		later than August 30 and January 15, each of which shall be half of
757	757		the total expected amount of tuition and fees on the enrollment
758	758		verification form submitted pursuant to this subsection.
759	759		F. In the event there are more applications submitted by
760	760		eligible taxpayers for a credit authorized by paragraph 1 of
761	761		subsection C of this section than available credits pursuant to
762	762		subsection D of this section, then the Commission shall give first
763	763		preference in authorizing credits for eligible students of taxpa yers
764	764		who qualify pursuant to subparagraphs a and b of paragraph 1 of
765	765
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816	816		subsection C of this section and have received the credit in the
817	817		prior year.
818	818		G. Taxpayers claiming the credit shall:
819	819		1. Only claim the credit for qualified expenses as defined in
820	820		paragraphs 6 and 7 of subsection A of this section to provide an
821	821		education for an eligible student;
822	822		2. Ensure no other person is claiming a credit for the eligible
823	823		student;
824	824		3. Not claim the credit for an eligible student who enrolls as
825	825		a full-time student in a public school district, public charter
826	826		school, public virtual charter school, or magnet school;
827	827		4. Comply with rules and requirements established by the
828	828		Commission for administration of the Oklahoma Parental Choice Tax
829	829		Credit Program; and
830	830		5. Notify the Commission not later than thirty (30) days after
831	831		the date on which the eligibl e student:
832	832		a. enrolls in a public school, including an open -
833	833		enrollment charter school,
834	834		b. enrolls in a nonaccredited private school,
835	835		c. graduates from high school, or
836	836		d. is no longer utilizing credits authorized by paragraph
837	837		1 of subsection C of this section for any reason.
838	838		H. Eligible students may accept a scholarship from the Lindsey
839	839		Nicole Henry Scholarships for Students with Disabilities Program
840	840
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891	891		created by Section 13 -101.2 of this title while participating in the
892	892		Oklahoma Parental Choice Tax Credit Pro gram.
893	893		I. 1. The Commission shall have the authority to conduct an
894	894		audit or contract for the auditing of receipts for qualified
895	895		expenses submitted pursuant to paragraph 2 of sub section C of this
896	896		section.
897	897		2. The Commission shall be authorized to recapture the credits
898	898		otherwise authorized by the provisions of the Oklahoma Parental
899	899		Choice Tax Credit Act on a prorated basis if an audit conducted
900	900		pursuant to this subsection shows tha t the credit was claimed for
901	901		expenditures that were not qualified expenses or it finds that the
902	902		taxpayer has claimed an eligible student who no longer attends a
903	903		private school or has enrolled in a public school in the state.
904	904		3. The Commission shall be authorized to reallocate credits to
905	905		the next eligible taxpayer in line when a taxpayer, on behalf of an
906	906		eligible student in the program, chooses not to participate, is no
907	907		longer eligible to participate, or chooses to forgo participation in
908	908		the program for any reason.
909	909		4. The Commission shall provide notification of approval status
910	910		to applicants within thirty (30) days of closure of the application
911	911		window. Notice to applicants with an eligible student, whose
912	912		parents or legal guardians have a combined adjusted gross income of
913	913		more than One Hundred Fifty Thousand Dollars ($150,000.00), shall be
914	914
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965	965		sent within thirty (30) days or no later than thirty (30) days after
966	966		the last day of the priority consideration period.
967	967		J. In the event of a failure of revenue pursuant t o the
968	968		Oklahoma State Finance Act, the tax credits otherwise authorized in
969	969		subsection C of this section shall be reduced proportionately to the
970	970		reduction in the amount of money appropriated to the State Board of
971	971		Education for the financial support of public schools for the fiscal
972	972		year in which the failure of revenue occurs.
973	973		K. The Commission shall make available on its website to be
974	974		updated monthly:
975	975		1. The total amount of credits claimed each year pursuant to
976	976		paragraphs 1 through 4 of subsection C of this section;
977	977		2. The amount of credits claimed and number of students awarded
978	978		each fiscal year pursuant to paragraph 1 of subsection C of this
979	979		section disaggregated by income categories;
980	980		3. The total amount of credits claimed and number of students
981	981		awarded who attended a public school in the semester immediately
982	982		preceding the school year for which the application is made each
983	983		year; and
984	984		4. The total number of applications denied and total amount of
985	985		credits the denied applications represent for each fiscal year .
986	986		L. Credits received pursuant to the Oklahoma Parental Choice
987	987		Tax Credit Act shall not constitute taxable income to a taxpayer who
988	988		received the credit on behalf of an eligible student.
989	989
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1040	1040		SECTION 2. AMENDATORY Section 3, Chapter 27 8, O.S.L.
1041	1041		2023 (70 O.S. Supp. 2024, Section 28 -102), is amended to read as
1042	1042		follows:
1043	1043		Section 28-102. A. The State Department of Education shall
1044	1044		provide parents, legal guardians, custodians, or other persons with
1045	1045		legal authority of eligible students with d isabilities notice that
1046	1046		participation in the Oklahoma Parental Choice Tax Cred it Program
1047	1047		shall have the same effect as a parental revocation of consent
1048	1048		pursuant to 20 U.S.C., Sections 1414(a)(1)(D) and 1414(C) of the
1049	1049		Individuals with Disabilities Education Act (IDEA) and an
1050	1050		explanation of the rights parents, legal guardians, custodians, or
1051	1051		other persons with legal authority of eligible students with
1052	1052		disabilities have under IDEA and any applicable state laws and
1053	1053		regulations.
1054	1054		B. The Department shall implemen t a commercially viable, cost -
1055	1055		effective, and user-friendly system for users to publicly rate,
1056	1056		review, and share information about education service providers.
1057	1057		C. B. The Oklahoma Tax Commission shall coordinate with the
1058	1058		State Department of Education to dev elop a process to review student
1059	1059		enrollment information in order to verify that an eligible student
1060	1060		who is claimed by a taxpayer receiving a tax credit is not enrolled
1061	1061		in a public school in the state.
1062	1062		D. C. The Commission may promulgate rules to implement the
1063	1063		provisions of the Oklahoma Parental Choice Tax Credit Act. The
1064	1064
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1115	1115		State Board of Education may promulgate rules to implement the
1116	1116		provisions of this section.
1117	1117		SECTION 3. This act shall become effective November 1, 2025.
1118	1118
1119	1119		60-1-100 QD 12/30/2024 5:01:19 PM