Big Win: Lawmakers Advance Measures Increasing Scholarship Cap

Lawmakers are advancing measures to increase the cap on tax credits allowed for those who donate to a program that allows students to go to a private school or for innovative programs in public schools.

The donor can use the credit to reduce tax liability.

Senate Bill 407, by Sen. Dave Rader, R-Tulsa, would expand the annual cap to $20 million from $5 million on tax credits available through the Oklahoma Equal Opportunity Scholarship Act.

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