State fiscal affairs; the Oklahoma Quick Action Closing Fund; excluding certain industry from eligibility to receive funds. Effective date.

SB 294 amends Oklahoma's Quick Action Closing Fund statute to exclude electric vehicle manufacturing (NAICS code 336110) from eligibility for fund payments. The bill maintains the fund's purpose of supporting economic development through incentives for qualifying businesses, such as those in the Oklahoma Quality Jobs Program or film production. It preserves existing requirements for applicants to demonstrate job creation, investment levels, and economic impact. The change specifically prevents electric vehicle manufacturers from accessing these state funds while leaving other eligible industries unaffected. The amendment updates statutory language without altering the fund's core administration or other eligibility criteria.