Oklahoma Governor Kevin Stitt signed HB 1934, the “Choice Tax Credit Bill.” into law last Thursday afternoon.
The new Choice tax credits law of the Oklahoma Governor will make school choices easier, especially for those in middle-class families
Oklahoma Governor signed a bill that provides tax refunds to families for private school tuition fees, homeschooling, and out-of-zip code schools.
Oklahoma Governor signed a bill into law with these measures:
- Families earning over $250,000 yearly, their student can get a $5,000 tax credit
- Families earning between $225,000 and $250,000 yearly, their student can get a $6,000 tax credit
- Families earning between $150,000 and $225,000 yearly, their student can get a $6,500 tax credit
- Families earning between $75,000 and $150,000 yearly, their student can get a $7,000 tax credit
- Families earning under $75,000, their student can get a $7,500 tax credit
- The law also provides $1,000 to homeschoolers
The new Choice tax credits law, signed by the Oklahoma Governor, will make parents provide their students with a good education.
Read Also: Oklahoma Legislature Reaches A Deal On A Historic Education Reform Agreement
The decision of the Oklahoma Governor made the students and parents of the state feel a real win
The New Choice Tax Credit law signed by the Oklahoma Governor makes an education reform plan for all schools. The law will work through initiatives on education, called ASPIRE plan. Click this link to be knowledgeable about the ASPIRE plan.
Read Also: Oklahoma Teachers To Receive Up To $6,000 Pay Raises
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