HB3230

Oklahoma HB3230 amends the Oklahoma Parental Choice Tax Credit Program, adjusting credit amounts and eligibility criteria for taxpayers.

Oklahoma HB3230 amends the Oklahoma Parental Choice Tax Credit Program by adjusting the credit amounts and eligibility criteria for taxpayers. The bill specifies different credit limits based on the adjusted gross income of the parents or legal guardians of the eligible student. It also outlines the process for claiming the credit, including the submission of an enrollment verification form and receipts for qualified expenses. The Oklahoma Tax Commission is required to provide notification of approval status to applicants within thirty days of the application period's closure.