Scholarship program critics do about-face on tax credits

Critics of the Oklahoma Equal Opportunity Education Scholarship program argue that the tax-credit program reduces funding for public schools by reducing money in the state’s general revenue fund. Yet this week many who lambaste the tax-credit scholarship program voted to provide up to $50 million in tax credits to mostly out-of-state film producers, diverting a far greater sum from the state’s general revenue fund. 🤦‍♂️


House Bill 3921, by Rep. Jason Dunnington, significantly expands Oklahoma’s existing tax credit for film and television productions. That program is currently capped at $8 million in film tax credits per year, but a fiscal analysis showed the program would provide up to $50 million in annual tax c...

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from Oklahoma Council of Public Affairs Scholarship program critics do about-face on tax credits