HB 4191 modifies Oklahoma's Small Employer Quality Jobs Act to adjust tax incentives for qualifying businesses. It establishes a "net benefit rate" (capped at 5%) calculated by subtracting state costs (like education and public services) from projected tax revenue generated by new jobs, then pays eligible small employers (under 500 employees) quarterly over seven years based on this rate. To qualify, businesses must commit to creating new jobs - ranging from 5 to 15 jobs or a percentage of current staff - within 12-36 months, depending on their city's population size. The bill requires applications through the Oklahoma Department of Commerce and ties incentives directly to verified new-hire wages.
SB 2084 caps settlement amounts for wrongful termination claims by employees of Oklahoma public institutions of higher education (like state universities) at two years of their base salary at termination. It limits total settlements to include back pay and damages but excludes accrued unpaid wages, leave, and retirement contributions already earned. The bill specifically applies to state law claims, not federal ones, and takes effect November 1, 2026. This directly affects public university employees filing termination disputes under Oklahoma law.
HB 2894 amends Oklahoma's Tourism Development Act to adjust sales tax credit rules for tourism projects. It provides up to 10% tax credits for projects costing $500,000-$1 million and up to 25% for projects over $1 million, but credits cannot exceed the state's potential sales tax revenue from the project. The bill allows tourism developers in Entertainment Districts to pass credits to tenants or receive incentive payments based on tenant sales tax collections, subject to a $30 million annual cap on all inducements. Developers must verify expenditures with independent audits, and credits cannot be transferred except as specified for Entertainment District tenants.
SB 1400 merges separate Oklahoma sales tax exemptions for aircraft maintenance facilities, aircraft manufacturing facilities, and certain aircraft parts into a single, unified exemption under the state tax code. This change directly affects businesses in Oklahoma's aircraft maintenance, manufacturing, and parts supply sectors by simplifying their eligibility for tax exemptions on qualifying purchases. The bill modifies existing statutory language in Sections 1357 and 1357.5 of the Oklahoma Sales Tax Code to combine these previously distinct exemptions. The policy change aims to streamline tax compliance for affected businesses without altering the scope of the exemptions themselves.
SB 1390 modifies Oklahoma's gross production tax apportionment rules for natural gas and oil revenues. It establishes a "moving five-year average" for gas tax collections to determine when excess revenue (above this average) is sent to the Revenue Stabilization Fund instead of the General Revenue Fund. The bill adjusts the percentage of tax revenue allocated to state general funds, county highway funds, and school districts based on whether gas taxes are levied at 7% or 4% rates. This directly affects natural gas and oil producers, counties receiving highway funds, and school districts eligible for per-pupil funding. The changes take effect immediately as an emergency measure.
HB 3831 formally designates Oklahoma Task Force 1 (OK-TF1) as the state's official urban search and rescue team for emergency deployments, requiring it to be the first asset sent for out-of-state disaster responses under the Emergency Management Assistance Compact. The bill appropriates $5 million from the General Revenue Fund for the Emergency Management Assistance Compact Revolving Fund, with $2 million specifically allocated to support OK-TF1's Oklahoma City and Tulsa teams. Funds must cover deployment costs, training, equipment, and operational expenses but cannot be used for routine fire department operations or facilities. This establishes clear funding and operational guidelines for OK-TF1's disaster response capabilities within Oklahoma.
HB 3066 creates the Health Care Workforce Training Commission and establishes the "Rural Health Transformation Revolving Fund" in Oklahoma's state treasury. The fund will collect federal funds (including those from the One Big Beautiful Bill Act of 2025), interest, and designated state monies to specifically recruit and retain healthcare workers in rural and underserved Oklahoma communities, requiring a minimum 5-year service commitment. The Commission can use these funds for workforce programs and create necessary rules to implement the program. The bill takes effect July 1, 2026, and directly affects rural healthcare providers and communities facing workforce shortages.
HB 3465 extends the termination date for Oklahoma's Emission Reduction Technology Rebate Program from July 1, 2027, to July 1, 2029. This change directly affects businesses and entities participating in the rebate program, allowing them to continue receiving incentives for emission-reducing technology through 2029. The bill amends Section 55012 of the Oklahoma Statutes to update the program's end date while maintaining existing rebate mechanisms. It becomes effective November 1, 2026.
HB 2115 transfers administration of Oklahoma's Energy Conservation Assistance Fund from the Department of Commerce to the Department of Human Services. It provides grants of up to $3,000 for weatherization work (like insulation, storm windows, and structural repairs) to low-income elderly and handicapped homeowners who meet income guidelines (125% of federal poverty level). The bill requires an energy audit before grants are issued, prioritizes applicants with greatest need, and establishes a revolving fund for ongoing program funding. This directly affects qualifying homeowners seeking energy efficiency improvements to their primary residences.
HB 3590, the Oklahoma Opportunity Scholarship Act of 2026, expands tax credits for Oklahoma taxpayers who contribute to scholarship-granting organizations. It increases the maximum annual tax credit: to $5,000 for single filers (up from $1,000), $10,000 for married couples filing jointly (up from $2,000), and $250,000 for businesses (up from $100,000). Taxpayers who commit to contribute the same amount for two consecutive years qualify for a 100% credit (up from 75%) on those contributions. The bill affects Oklahoma taxpayers making eligible contributions and requires scholarship organizations to submit annual financial reports to the Oklahoma Tax Commission. It takes effect January 1, 2027.
