Senate Approves Bill Allowing Income
Tax Refunds to be Donated
to Folds of Honor Scholarship Program
The Senate unanimously approved
legislation Monday that could help the spouses
and children of military personnel killed or injured
in combat pursue a higher education. Senate Bill
721, by Sen. Don Barrington, would allow Oklahomans
to donate part or all of their income tax refund
to the Folds of Honor Scholarship Program.
“These families have already had so much
taken away from them. They shouldn’t have
to give up their dream of getting a college degree
too,” said Barrington, R-Lawton. “This
is a tremendous scholarship program that has helped
many families better their lives by helping them
get degrees, and through this legislation many
more could get assistance.”
Under SB 721, a check off box would be added to
each state individual income and state corporate
tax return form for tax years beginning after
December 31, 2009 to allow Oklahomans to donate
a portion or all of their income tax refund to
these scholarships. The Folds of Honor Scholarship
Program provides academic and vocational training
scholarships to the spouses and children of military
personnel who are either killed or wounded in
action due to military service in the wars in
Iraq and Afghanistan.
“The program was started to make sure that
the families of these soldiers are taken care
of just as those soldiers laid their lives down
to help others,” said Barrington. “Helping
their families is a great way for us to show our
gratitude and respect for the ultimate sacrifice
these soldiers made for each and every one of
us.”
SB 721 will next be heard in the House.
For more information contact:
Sen. Barrington's Office: 405-521-5563