Economic development; appropriation; Oklahoma Department of Commerce; Community Development Financial Institutions; effective date; emergency.

HB 1926 appropriates $30 million from Oklahoma's General Revenue Fund for the Oklahoma Department of Commerce to fund a program partnering with federally certified Community Development Financial Institutions (CDFIs). This program will provide loans to small business entities through CDFIs approved by the U.S. Small Business Administration. The funds are allocated for the fiscal year ending June 30, 2026, and the bill becomes effective July 1, 2025, with an emergency clause allowing immediate implementation upon approval. The legislation directly affects small businesses seeking capital through CDFIs and focuses on economic development funding without altering existing regulatory frameworks.