Oklahoma Quality Jobs Program Act; requiring establishment to provide certain leave to receive incentive payment. Effective date.

SB 470 amends Oklahoma's Quality Jobs Program to require businesses applying for new incentive payments to provide 12 weeks of paid family leave and an additional 2 weeks of paid leave for new direct jobs. This applies to businesses seeking quarterly incentive payments under the program, specifically for new jobs created after the bill's effective date. The paid leave must cover all family leave entitlements under federal law (FMLA) and include full wage replacement (100% of salary). Businesses must meet this requirement to qualify for the incentive payments, which are tied to payroll and job creation targets.