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OCPA Applauds Expansion of Tax-credit Program

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OCPA Applauds Expansion of Tax-credit Program

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Jonathan Small, president of the Oklahoma Council of Public Affairs, issued the following statement praising lawmakers for voting to expand the Oklahoma Equal Opportunity Education Scholarship Act. That program provides tax credits to individuals and entities that donate to organizations that provide low-income children with scholarships to private schools. Under current law, the program is limited to $3.5 million annually in tax credits for donations to scholarship-granting organizations. Senate Bill 1080, which received final passage in the Oklahoma Legislature today, raises that cap to $25 million.