SB328

Oklahoma SB328 creates the Promote Child Thriving Act, offering income tax credits for married parents raising biological children.

Oklahoma SB328, the Promote Child Thriving Act, provides income tax credits for married parents raising biological children. The act allows a $500 credit for each child under 18 residing with married parents and a $1,000 credit for each child under 18 if the parents were married before the child's birth. To qualify, parents must be listed on the child's birth certificate or be custodial during the tax year, reside together for at least six months, and attest to their marital status and biological relationship.