Oklahoma lawmakers examine tax credit modeled on Texas program
Oklahoma Republicans are considering a tax credit modeled on Texas and Florida programs that would provide dollar-for-dollar tax waivers for business donations to approved family-focused nonprofits. Texas state Sen. Angela Paxton and former NFL coach Tony Dungy testified before Oklahoma lawmakers on Oct. 12 about how similar credits operate in their states.
- Where
- Oklahoma Capitol (Oklahoma City) and Texas
- When
- Oct. 12, 2026
- Sources
- Reported by 3 outlets
Taxes and money
Texas' Strong Families Tax Credit allows businesses to claim a franchise-tax credit for donations to approved nonprofits, with the statewide annual cap of $5 million fully spent in 2026.
- Business tax credit per entity (Texas Strong Families Tax Credit)up to $1 million2 Who pays or receives it: State; businesses receive credit
- Statewide annual cap (Texas Strong Families Tax Credit)$5 million2 Who pays or receives it: State
- Florida Strong Families Tax Credit authorizationup to $53.1 million2 Who pays or receives it: State
Who's involved
- Angela PaxtonTexas state senator
- Tony DungyFormer NFL coach
- John HasteOklahoma state senator representing Broken Arrow
- Nicole MillerOklahoma state representative representing Edmond
- OneStar FoundationAdministrator of Texas program
- Texas ComptrollerAwards credits in Texas
- Florida Department of Children and FamiliesAdministers Florida program
The facts
- Oklahoma lawmakers held joint interim study on Oct. 12 to examine proposed Strong Families Tax Credit or Children's Promise Tax Credit.2
- Texas and Florida both bar charities providing abortions from benefiting from their tax credit programs.2
- Texas nonprofits must be IRS-recognized 501(c)(3) organizations authorized in state and have provided qualifying services for at least three years.2
- Texas program targets self-sufficiency, stability, workforce participation and fatherhood engagement for at-risk families.2
- Florida created its credit in 2021 to support child-welfare service charities.2
- Texas credit allocations for 2026 were fully reserved with Comptroller's reservation system closed until January 2027.2
Who said what
These are statements and claims made by the people involved. They are reported, not verified.
Where the sources disagree
- Official title of Oklahoma proposal being studied Strong Families Tax Credit per one Senate press release; Children's Promise Tax Credit per separate Senate interim-study listing [2]
How they headlined it
The same event, as each outlet put it. Marked words appear in only one outlet's headline.
Oklahoma Republicans are eyeing a Texas-style tax credit
Oklahoma Weighs Texas-Style Tax Credit to Fund Family Nonprofits, GOP Lawmakers Say
Oklahoma Republicans weigh Texas-style anti-abortion tax credit
Sources
Outlets: 2 not rated Who's covering Texas →
These outlets were found through Google News headlines. Google decides which outlets appear there, and they lean mostly one way, so this sheet can only be as balanced as the reporting it was built from. Leanings are AllSides Media Bias Ratings.
- Oklahoma Republicans are eyeing a Texas-style tax credit
- Oklahoma Weighs Texas-Style Tax Credit to Fund Family Nonprofits, GOP Lawmakers Say
Also reported by The Journal Record.
This sheet was written by AI from the sources above and adds nothing they don't state. Read the originals for full context.