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Study Confirms Equal Opportunity Scholarship Tax Credit Benefits State, Families

OKLAHOMA CITY (Oct. 9, 2017) – Legislation allowing the Opportunity Scholarship Fund (OSF) to help hundreds of lower-income families afford to send their children to private school benefits the state budget, a fiscal impact study found. The Oklahoma City University study by economists Dr. Jacob Dearmon and Dr. Russell Evans revealed for every $1 of tax credit issued to scholarship donors through the Oklahoma Equal Opportunity Education Scholarship Act, the Oklahoma state budget saves $1.24. The fiscal impact to the…

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Senate Bill Ensures Growth for K-12 Scholarships

OKLAHOMA CITY (June 1, 2017) – The Opportunity Scholarship Fund is celebrating the passage of Senate Bill 445 sponsored by Sen. Newhouse, R-Broken Arrow. SB445 raises the cap on tax credits for private donors and provides protections to ensure current donors receive all the tax-credits they have earned. “We applaud the state legislature for recognizing the value these scholarships provide to families in need,” said Rob Sellers, executive director of the Opportunity Scholarship Fund. “These donations are vital in ensuring…

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