Public finance; nondisclosure agreements; legal entities; effective date.

HB 1068 prohibits Oklahoma state and local government entities from signing agreements that prevent disclosure of terms when paying businesses with state tax funds (e.g., grants, tax credits, or incentives). It directly affects government agencies and businesses receiving public funds, requiring transparency about how taxpayer money is used. The bill exempts proprietary business information like trade secrets, input costs, or profit margins if provided by the business itself. The law takes effect November 1, 2025.