Gov. Stitt is celebrating (after a brief 'optics' faux pas over whether he'd be applying for his kids) what appears to be a succesful launch of the Oklahoma Parental Choice Tax Credit program, with what appears to be enough applicants in the first 90 minutes to use up the entire first-year allocation of $150M. Under the current law, the credit will increase to $200M in 2025, and $250M in 2026. I expect that to change as it looks like this will be a popular program.
OKLAHOMA CITY (December 7, 2023) - Governor Kevin Stitt today celebrated the launch of the Oklahoma Parental Choice Tax Credit program and revealed the Oklahoma Tax Commission (OTC) received over 30,000 submissions within the first 90 minutes of launch. OTC, alongside its operational partner Merit, began accepting applications on Wednesday, December 6, 2023, at 2:00 p.m. CST. To date, approximately 140 accredited schools have been registered to participate.
Read more »by Muskogee Politico - December 08, 2023 at 11:15PM
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Gov. Stitt celebrates launch of OK Parental Choice Tax Credit
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