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Oklahoma Legislature· SB 1389Referred to Appropriations

An act relating to income tax credit, the official text

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1                   STATE OF OKLAHOMA

1

2                  2nd Session of the 60th Legislature (2026)

2

3 SENATE BILL 1389              By: Daniels
3

4

4

5

5

6                   AS INTRODUCED

6

7   An Act relating to income tax credit; amending

7   Section 2, Chapter 278, O.S.L. 2023, as last amended

8   by Section 2, Chapter 295, O.S.L. 2025 (70 O.S. Supp.

8   2025, Section 28-101), which relates to the Oklahoma

9   Parental Choice Tax Credit Act; authorizing annual

9   limit increase of the total credit amount under

10  certain circumstance; requiring Oklahoma Tax

10  Commission to publish certain information; updating

11  statutory language; and providing an effective date.

11

12

12

13

13

14 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
14

15  SECTION 1.      AMENDATORY  Section 2, Chapter 278, O.S.L.

15

16 2023, as last amended by Section 2, Chapter 295, O.S.L. 2025 (70
16

17 O.S. Supp. 2025, Section 28-101), is amended to read as follows:
17

18  Section 28-101. A. As used in the Oklahoma Parental Choice Tax

18

19 Credit Act:
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20  1. "Accrediting association" means a recognized legal entity

20

21 that meets the accreditation requirements set by the State Board of
21

22 Education, another accrediting association approved by the State
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23 Board of Education, or a legal entity that accredits education
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24 organizations in multiple states, whose purpose is to verify that an
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    Req. No. 2600                                              Page 1
1 education program meets or exceeds predetermined criteria, and
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2 monitor the education organization during the time it is accredited
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3 by completing regular reevaluations and on-site inspections of the
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4 education program;
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5   2. "Commission" means the Oklahoma Tax Commission;

5

6   3. "Curriculum" means a complete course of study for a

6

7 particular content area or grade level;
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8   4. "Department" means the State Department of Education;

8

9   5. "Education service provider" means a person, business,

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10 public school district, public charter school, magnet school, or
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11 organization that provides educational goods and/or or services to
11

12 eligible students in this state;
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13  6. "Eligible student" means a resident of this state who is

13

14 eligible to enroll in a public school in this state. Eligible
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15 student shall include a student who is enrolled in and attends or is
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16 expected to enroll in a private school in this state accredited by
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17 the State Board of Education or another accrediting association or a
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18 student who is educated pursuant to the other means of education
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19 exception provided for in subsection A of Section 10-105 of this
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20 title;
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21  7. "Qualified expense" for the purpose of claiming the credit

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22 authorized by paragraph 1 of subsection C of this section means
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23 tuition and fees at a private school in this state accredited by the
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24 State Board of Education or another accrediting association. Such
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    Req. No. 2600                                           Page 2
1 private school shall comply with the provisions of subsection L of
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2 this section. Provided, the amount of tuition and fees considered a
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3 qualified expense pursuant to this paragraph shall not include
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4 tuition and fees paid with any scholarship or tuition and fees
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5 discounted or otherwise reduced by the school;
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6   8. "Qualified expense" for the purpose of claiming the credit

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7 authorized by paragraph 2 of subsection C of this section means the
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8 following expenditures:
8

9   a. tuition and fees for nonpublic learning programs,

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10                 online or in person,

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11  b. academic tutoring services provided by an individual

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12                 or a private academic tutoring facility,

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13  c. textbooks, curriculum, or other instructional

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14                 materials including, but not limited to, supplemental

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15                 materials or associated online instruction required by

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16                 an education service provider, and

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17  d. fees for nationally standardized assessments

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18                 including, but not limited to, assessments used to

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19                 determine college admission and advanced placement

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20                 examinations as well as tuition and fees for tutoring

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21                 or preparatory courses for the assessments; and

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22  9. "Taxpayer" means a biological or adoptive parent,

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23 grandparent, aunt, uncle, legal guardian, custodian, or other person
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24 with legal authority to act on behalf of an eligible student.
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    Req. No. 2600                                            Page 3
1       B. There is hereby created the Oklahoma Parental Choice Tax

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2 Credit Program to provide an income tax credit to a taxpayer for
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3 qualified expenses to support the education of eligible students in
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4 this state.
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5       C. For the tax year 2024 and subsequent tax years, and fiscal

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6 year 2026 and subsequent fiscal years, there shall be allowed
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7 against the tax imposed by Section 2355 of Title 68 of the Oklahoma
7

8 Statutes a credit for any Oklahoma taxpayer who incurs a qualified
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9 expense on behalf of an eligible student, to be administered subject
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10 to the following amounts:
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11      1. If the eligible student attends a private school in this

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12 state accredited by the State Board of Education or another
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13 accrediting association, the annual maximum credit amount for tax
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14 year 2024, fiscal year 2026, and each subsequent fiscal year shall
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15 be:
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16      a. Seven Thousand Five Hundred Dollars ($7,500.00) or the

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17                 amount of tuition and fees for the private school,

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18                 whichever is less, if the combined adjusted gross

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19                 income of the parents or legal guardians of the

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20                 eligible student during the second preceding tax year

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21                 does not exceed Seventy-five Thousand Dollars

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22                 ($75,000.00),

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23      b. Seven Thousand Dollars ($7,000.00) or the amount of

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24                 tuition and fees for the private school, whichever is

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    Req. No. 2600                                                 Page 4
1                  less, if the combined adjusted gross income of the

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2                  parents or legal guardians of the eligible student

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3                  during the second preceding tax year is more than

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4                  Seventy-five Thousand Dollars ($75,000.00) but does

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5                  not exceed One Hundred Fifty Thousand Dollars

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6                  ($150,000.00),

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7   c. Six Thousand Five Hundred Dollars ($6,500.00) or the

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8                  amount of tuition and fees for the private school,

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9                  whichever is less, if the combined adjusted gross

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10                 income of the parents or legal guardians of the

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11                 eligible student during the second preceding tax year

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12                 is more than One Hundred Fifty Thousand Dollars

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13                 ($150,000.00) but does not exceed Two Hundred Twenty-

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14                 five Thousand Dollars ($225,000.00),

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15  d. Six Thousand Dollars ($6,000.00) or the amount of

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16                 tuition and fees for the private school, whichever is

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17                 less, if the combined adjusted gross income of the

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18                 parents or legal guardians of the eligible student

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19                 during the second preceding tax year is more than Two

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20                 Hundred Twenty-five Thousand Dollars ($225,000.00) but

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21                 does not exceed Two Hundred Fifty Thousand Dollars

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22                 ($250,000.00), or

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23  e. Five Thousand Dollars ($5,000.00) or the amount of

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24                 tuition and fees for the private school, whichever is

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    Req. No. 2600                                                 Page 5
1                  less, if the combined adjusted gross income of the

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2                  parents or legal guardians of the eligible student

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3                  during the second preceding tax year is more than Two

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4                  Hundred Fifty Thousand Dollars ($250,000.00);

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5   2. For tax year 2024 and subsequent tax years, the maximum

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6 credit amount shall be One Thousand Dollars ($1,000.00) in qualified
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7 expenses per eligible student in each tax year if the eligible
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8 student is educated pursuant to the other means of education
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9 exception provided for in subsection A of Section 10-105 of this
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10 title. To claim the credit, the taxpayer shall submit to the
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11 Commission receipts for qualified expenses as defined by paragraph 8
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12 of subsection A of this section;
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13  3. If the eligible student attends a private school in this

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14 state, accredited by the State Board of Education or another
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15 accrediting association, that exclusively serves students
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16 experiencing homelessness, the credit amount shall be Seven Thousand
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17 Five Hundred Dollars ($7,500.00) or the amount of the cost to
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18 educate the eligible student at the private school, whichever is
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19 less;
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20  4. If the eligible student attends a private school in this

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21 state, accredited by the State Board of Education or another
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22 accrediting association, that primarily serves financially
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23 disadvantaged students, the credit amount shall be the maximum
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24 credit amount authorized by paragraph 1 of this subsection or the
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    Req. No. 2600                                                 Page 6
1 amount of the cost to educate the eligible student at the private
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2 school, whichever is less. The cost to educate the eligible student
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3 shall be equal to the average cost to educate all students attending
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4 the private school, which shall be calculated by dividing the
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5 private school's total expenditures in the previous year by the
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6 total enrollment in the previous school year. A private school
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7 shall be deemed to be primarily serving financially disadvantaged
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8 students if ninety percent (90%) of the private school's admissions
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9 are based on enrolling students whose gross family income is two
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10 hundred fifty percent (250%) of the federal poverty threshold or
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11 below;
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12  5. The taxpayer shall retain all receipts of qualified expenses

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13 as proof of the amounts paid each tax year the credit is claimed and
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14 shall submit them to the Commission upon request;
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15  6. If the credit exceeds the tax imposed by Section 2355 of

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16 Title 68 of the Oklahoma Statutes, the excess amount shall be
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17 refunded to the taxpayer; and
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18  7. Credits claimed by a taxpayer pursuant to the provisions of

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19 this section shall not be used to offset or pay the following:
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20         a. delinquent tax liability,

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21         b. accrued penalty or interest from the failure to file a

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22                 report or return,

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    Req. No. 2600                                     Page 7
1   c. accrued penalty or interest from the failure to pay a

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2                  state tax within the statutory period allowed for its

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3                  payment,

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4   d. tax liability of the taxpayer from any prior tax year,

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5                  or

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6   e. any debt, unpaid fine, final judgment, or claim filed

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7                  with the Commission by a qualified entity as defined

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8                  in Section 205.2 of Title 68 of the Oklahoma Statutes.

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9   D. 1. a. For tax year 2024, the total amount of credits

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10                 authorized by paragraph 1 of subsection C of this

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11                 section shall not exceed One Hundred Fifty Million

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12                 Dollars ($150,000,000.00).

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13  b. For the period of January 1, 2025, through June 30,

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14                 2025, the total amount of credits authorized by

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15                 paragraph 1 of subsection C of this section shall not

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16                 exceed One Hundred Million Dollars ($100,000,000.00).

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17                 The Commission shall not require a taxpayer who

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18                 received a credit pursuant to paragraph 1 of

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19                 subsection C of this section in tax year 2024 to

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20                 reapply for a credit payable during the period

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21                 described in this subparagraph. The Commission shall

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22                 base the credit amount payable for the spring 2025 on

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23                 the fall 2024 installment disbursement payment amount.

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24

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    Req. No. 2600                                                Page 8
1   c. For fiscal year 2026 and subsequent fiscal years, the

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2                  total amount of credits authorized by paragraph 1 of

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3                  subsection C of this section shall not exceed Two

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4                  Hundred Fifty Million Dollars ($250,000,000.00).

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5   d. For fiscal year 2027 and subsequent fiscal years, the

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6                  total amount of credits authorized by paragraph 1 of

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7                  subsection C of this section shall not exceed Two

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8                  Hundred Fifty Million Dollars ($250,000,000.00).

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9                  Provided, in any fiscal year in which the amount of

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10                 credits authorized by paragraph 1 of subsection C of

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11                 this section equals or exceeds ninety percent (90%) of

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12                 the limitation provided in this subparagraph, the

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13                 limit shall be increased by twenty percent (20%) for

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14                 the subsequent fiscal years. The Commission shall

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15                 publish on its website the total amount of credits

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16                 allowed pursuant to this paragraph for each fiscal

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17                 year.

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18  2. For tax year 2026 and subsequent tax years, the total amount

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19 of credits authorized by paragraph 2 of subsection C of this section
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20 shall not exceed Five Million Dollars ($5,000,000.00). The Oklahoma
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21 Tax Commission shall annually calculate and publish a percentage by
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22 which the credits authorized by this section shall be reduced so the
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23 total amount of credits used to offset tax does not exceed the
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24 annual limit. The formula to be used for the percentage adjustment
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    Req. No. 2600         Page 9
1 shall be Five Million Dollars ($5,000,000.00) divided by the amount
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2 of credit claimed in the second preceding tax year. In the event
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3 the total tax credits authorized by this section exceed the annual
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4 limit in any tax year, the Tax Commission shall permit any excess
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5 but shall factor such excess into the percentage adjustment formula
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6 for subsequent tax years.
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7   3. If a taxpayer, on behalf of an eligible student in the

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8 program, chooses not to participate, is no longer eligible to
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9 participate, or chooses to forgo participation in the program for
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10 any reason, the credit authorized by paragraph 1 of subsection C of
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11 this section but not used and not reallocated pursuant to paragraph
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12 3 of subsection H of this section shall be added to the subsequent
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13 fiscal year limitation as provided in paragraph 1 of this
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14 subsection.
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15  E. The Commission shall prescribe applications for the purposes

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16 of claiming the credits authorized by the Oklahoma Parental Choice
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17 Tax Credit Act and a deadline by which applications shall be
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18 submitted. A taxpayer claiming the credit authorized by paragraph 1
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19 of subsection C of this section shall submit an application
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20 prescribed by the Commission to receive the credit based on the
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21 enrollment verification form submitted pursuant to this subsection,
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22 but in no event shall a payment exceed the amount of the credit
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23 authorized by paragraph 1 of subsection C of this section. If an
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24 eligible taxpayer provides documentation on the application that he
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    Req. No. 2600                                             Page 10
 1 or she is a recipient of income-based government benefits including
 1

 2 the Supplemental Nutrition Assistance Program (SNAP), Temporary
 2

 3 Assistance for Needy Families (TANF), or the Oklahoma Medicaid
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 4 Program commonly known as SoonerCare, the eligible taxpayer shall
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 5 not be required to provide additional income verification. The
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 6 Department of Human Services and the Oklahoma Health Care Authority
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 7 shall, upon request by the Oklahoma Tax Commission, verify whether
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 8 an applicant receives income-based government benefits. The
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 9 taxpayer shall provide authorization for the Oklahoma Tax Commission
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10 to disclose application data to the Department of Human Services
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11 and/or or the Oklahoma Health Care Authority, and for the Department
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12 of Human Services and/or or the Oklahoma Health Care Authority to
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13 provide confirmation of benefits to the Oklahoma Tax Commission for
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14 purposes of verifying that the taxpayer is a current recipient of
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15 SNAP, TANF, or Oklahoma Medicaid Program benefits; provided, the
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16 information shall not be used for any other purpose. A taxpayer
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17 claiming the credit authorized by paragraph 1 of subsection C of
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18 this section shall submit to the Commission an enrollment
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19 verification form from the private school in which the eligible
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20 student is enrolled or is expected to enroll with the tuition and
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21 fees to be charged the taxpayer for the applicable school year. In
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22 reviewing applications submitted by eligible taxpayers to determine
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23 whether they qualify for a credit authorized by paragraph 1 of
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24 subsection C of this section, the Commission shall give first
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Req. No. 2600  Page 11
1 preference in making payments to taxpayers who qualify pursuant to
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2 subparagraphs a and b of paragraph 1 of subsection C of this
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3 section. The Commission shall give second preference in making
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4 payments to taxpayers who qualify and have received the credit in
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5 the prior year. For credits issued in the 2026-2027 school year and
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6 subsequent school years, the application period shall be open March
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7 15 through June 15 prior to the beginning of each school year. For
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8 any eligible student whose parents or legal guardians have a
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9 combined adjusted gross income that does not exceed One Hundred
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10 Fifty Thousand Dollars ($150,000.00) or qualified and received
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11 credit in the prior year, applications shall be submitted to the
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12 Commission within the first sixty (60) days of the opening of the
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13 application period to receive priority consideration. For students
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14 enrolled in the full school year, the full credit amount authorized
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15 for the school year shall be paid no later than August 30.
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16  F. Taxpayers claiming the credit shall:

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17  1. Only claim the credit for qualified expenses as defined in

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18 paragraphs 7 and 8 of subsection A of this section to provide an
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19 education for an eligible student;
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20  2. Ensure no other person is claiming a credit for the eligible

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21 student;
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22  3. Not claim the credit for an eligible student who enrolls as

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23 a full-time student in a public school district, public charter
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24 school, public virtual charter school, or magnet school;
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    Req. No. 2600                                              Page 12
1   4. Comply with rules and requirements established by the

1

2 Commission for administration of the Oklahoma Parental Choice Tax
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3 Credit Program; and
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4   5. Notify the Commission not later than thirty (30) days after

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5 the date on which the eligible student:
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6            a. enrolls in a public school, including an open-

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7                  enrollment charter school,

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8            b. enrolls in a nonaccredited private school,

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9            c. graduates from high school, or

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10           d. is no longer utilizing credits authorized by paragraph

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11                 1 of subsection C of this section for any reason.

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12  G. Eligible students may accept a scholarship from the Lindsey

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13 Nicole Henry Scholarships for Students with Disabilities Program
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14 created by Section 13-101.2 of this title while participating in the
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15 Oklahoma Parental Choice Tax Credit Program.
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16  H. 1. The Commission shall have the authority to conduct an

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17 audit or contract for the auditing of receipts for qualified
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18 expenses submitted pursuant to paragraph 2 of subsection C of this
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19 section.
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20  2. The Commission shall be authorized to recapture the credits

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21 otherwise authorized by the provisions of the Oklahoma Parental
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22 Choice Tax Credit Act on a prorated basis if an audit conducted
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23 pursuant to this subsection shows that the credit was claimed for
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24 expenditures that were not qualified expenses or it finds that the
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    Req. No. 2600                                           Page 13
1 taxpayer has claimed an eligible student who no longer attends a
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2 private school or has enrolled in a public school in the state.
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3   3. The Commission shall be authorized to reallocate credits for

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4 the current application year to the next eligible taxpayer in line
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5 when a taxpayer, on behalf of an eligible student in the program,
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6 chooses not to participate, is no longer eligible to participate, or
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7 chooses to forgo participation in the program for any reason no
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8 later than September 1 following the opening of the application
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9 period of each year.
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10  4. The Commission shall provide notification of approval status

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11 to applicants within thirty (30) days of closure of the application
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12 window. Notice to applicants with an eligible student, whose
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13 parents or legal guardians have a combined adjusted gross income of
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14 more than One Hundred Fifty Thousand Dollars ($150,000.00), shall be
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15 sent within thirty (30) days or no later than thirty (30) days after
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16 the last day of the priority consideration period.
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17  I. In the event of a failure of revenue pursuant to the

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18 Oklahoma State Finance Act, the tax credits otherwise authorized in
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19 subsection C of this section shall be reduced proportionately to the
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20 reduction in the amount of money appropriated to the State Board of
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21 Education for the financial support of public schools for the fiscal
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22 year in which the failure of revenue occurs.
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23  J. The Commission shall make available on its website to be

23

24 updated monthly:
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    Req. No. 2600                                      Page 14
1   1. The total amount of credits claimed each year pursuant to

1

2 paragraphs 1 through 4 of subsection C of this section;
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3   2. The amount of credits claimed and number of students awarded

3

4 each fiscal year pursuant to paragraph 1 of subsection C of this
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5 section disaggregated by income categories;
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6   3. The total amount of credits claimed and number of students

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7 awarded who attended a public school in the semester immediately
7

8 preceding the school year for which the application is made each
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9 year; and
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10  4. The total number of applications denied and total amount of

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11 credits the denied applications represent for each fiscal year.
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12  K. Credits received pursuant to the Oklahoma Parental Choice

12

13 Tax Credit Act shall not constitute taxable income to a taxpayer who
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14 received the credit on behalf of an eligible student.
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15  L. No later than June 15 of each year, each participating

15

16 private school shall electronically provide information to confirm
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17 student enrollment and tuition information for the fall and spring
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18 semesters of the preceding school year and any other information
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19 requested by the Oklahoma Tax Commission. Failure to provide this
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20 information may result in denial of private school participation in
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21 subsequent school years.
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22  M. An eligible and participating private school as of April 15,

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23 2025, shall have until March 1, 2027, to meet the accreditation
23

24 requirements of this section.
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    Req. No. 2600                                          Page 15
1   SECTION 2. This act shall become effective November 1, 2026.

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