Environment

HB 2402 would create tax breaks and grants to attract manufacturers of low-temperature waste heat electrification technology (recovering heat below 200°C) to Oklahoma. Companies investing $10 million+ with 50+ new jobs would get up to 30% corporate tax breaks for five years (renewable), while larger investments ($20 million+ with 100+ jobs) qualify for 50% breaks. The state would cap annual spending at $8 million, with unused funds rolling over, and prioritize grants for facilities in economic development zones or energy-sector projects. Manufacturers must meet specific technology standards, submit job/investment plans, and report annually on progress to the Oklahoma Department of Commerce.

HB 2119 creates a court process for property owners to request relocating certain easements, primarily affecting landowners (servient estate owners) who want to move an easement burdening their property. The bill allows such requests only if relocation won't materially lessen the easement's utility, increase burden on the easement holder, impair its original purpose, or compromise safety. It explicitly excludes public utility easements (like power lines), conservation easements (for farmland or wildlife protection), and negative easements from this process. The law applies only to easements established by grant, reservation, or other legal means, not those moved by mutual agreement.