Transportation

SB 1992 creates a new income tax credit program for businesses constructing or expanding facilities in qualifying locations across Oklahoma, such as underpopulated counties (under 100,000 people) or near rail infrastructure. It allows a 10% tax credit on construction and expansion costs (up to $6 million per project) and a 50% credit for rail infrastructure projects (up to $3 million per project), with a total annual state cap of $12 million. The bill defines "strategic finance partner" as entities providing capital (like loans or investments) to qualifying projects, enabling them to claim the tax credit through assignment to the business. The credit expires after tax year 2027 and requires Oklahoma Department of Commerce approval for project eligibility.

HB 1957 requires street-legal low-speed electric vehicles and golf carts to be registered as motor vehicles in Oklahoma. It removes the need for an "M" license endorsement for operators (who must be at least 16 with a standard driver’s license) and mandates compliance with federal safety standards for vehicles operated on roads with speed limits ≤35 mph. Service Oklahoma can register converted golf carts meeting federal safety rules without requiring a full 17-digit vehicle identification number. The bill takes effect November 1, 2025, and does not override local city restrictions on low-speed vehicle use.

HB 1939 authorizes the Oklahoma Turnpike Authority to construct, maintain, and operate toll turnpikes at 25 specific locations and segments across the state, such as the Turner Turnpike between Oklahoma City and Tulsa and extensions of the Muskogee Turnpike. The bill directly affects the Oklahoma Turnpike Authority (a state agency) and drivers using these designated routes. Key provisions include explicitly listing authorized locations (e.g., the Tulsa south bypass and Oklahoma City Outer Loop) and modifying prior restrictions on where turnpikes may be built. The bill does not create new tolls but formalizes existing or planned infrastructure projects under the Authority’s jurisdiction.

This bill allocates $10.8 million from Oklahoma's Progressing Rural Economic Prosperity Fund to three specific projects. It provides $5 million for a municipal park in a county exceeding 750,000 residents (per 2020 Census) north of I-344 and west of I-35, $4 million to relocate a naval submarine east of Highway 165 and north of Highway 62, and $1.8 million for infrastructure improvements at an industrial park south of Highway 62 and east of Highway 283. The funding is directed to these precise locations as defined in the bill. The bill became law without the Governor's signature on May 29, 2025.