Income tax credit; requiring the Department of Human Services and the Oklahoma Health Care Authority verify certain claims by certain applicants; requiring certain entities submit documentation to tax commission for verification of income for parental choice tax credit. Effective date.

SB 1016 amends Oklahoma's Parental Choice Tax Credit Act to strengthen verification processes for the program. It requires the Department of Human Services and Oklahoma Health Care Authority to verify certain applicant claims upon request, and mandates participating private schools to submit income documentation directly to the Oklahoma Tax Commission. These changes apply to taxpayers claiming credits for private school tuition (up to $7,500 annually) or other educational expenses like tutoring and materials. The bill does not alter credit amounts or eligibility rules but adds administrative checks to ensure proper verification of income and expenses. This verification requirement applies to all eligible students using the tax credit program.