The Caring for Caregivers Act will give eligible family caregivers a tax credit of up to $2,000 a year starting in the 2024 tax year or up to $3,000 a year if the person being cared for is a veteran or has a dementia-related diagnosis.
Oklahoma will be the first state in the nation to adopt an expansive caregiver tax credit after the Caring for Caregivers Act became law in June 2023. It takes effect Jan. 1, 2024.
A new AARP survey shows that the state’s voters overwhelmingly support a retirement savings option for workers who don’t have access to one through their employers.
The Public Service Company of Oklahoma (PSO), which provides electricity around Tulsa, McAlester and Lawton for about 550,000 households, is proposing an $88 million rate hike.