An Act relating to revenue and taxation; defining terms; creating tax credit for contributions made to pregnancy resource centers; limiting tax credit amount; limiting certain uses of tax credit; limiting ability to claim credit; authorizing director of Oklahoma Department of Human Services to classify pregnancy resource centers; requiring certain procedure; allowing pregnancy resource centers to decline contributions; requiring pregnancy resource centers to provide certain information; requiring director to provide certain information to Oklahoma Tax Commission; subjecting director to certain requirements; imposing cap on tax credits; prescribing formula with respect to administration of cap; providing for codification; and providing an effective date.
One Reply to “HB 1201 (2025)”
Creates a temporary tax credit (2024-2030) for donations to pregnancy resource centers (Crisis Pregnancy Centers, or CPCs). The credit covers 70% of the donated amount, capped at $50,000 per year, with a statewide limit of $5 million in total claimed credits.
Defines pregnancy resource centers as facilities supporting crisis or unplanned pregnancies by offering medical and mental health care, prenatal services, parenting support, substance abuse treatment, child care, housing, education, job training, adoption assistance, food, clothing, transportation, domestic abuse protection, and/or case management.
Centers must not endorse abortions, must not perform childbirth services, and must offer in-person services at no cost.
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