HB 2407 Oklahoma House · 2026 Regular Session

State government; creating the Main Street Grant Program Revolving Fund; Department of Commerce; requirements to qualify; effective date; emergency.

HB 2407 creates a $2 million revolving fund in the Oklahoma State Treasury, managed by the Department of Commerce, to provide grants for qualifying Main Street programs. To receive funding, a Main Street must first be designated by Oklahoma's Main Street Program, maintain that designation, and submit annual proof of eligibility. The grant funds, appropriated from the General Revenue Fund for fiscal year 2026, may be used for operational costs but cannot be relied upon for ongoing operations. The bill requires reallocation of unclaimed funds if a recipient loses their Main Street designation, effective July 1, 2025.

Issues: ✓ Budget & Taxes

Bill status passed 4 of 5 stages cleared

Introduction

Feb 2025

Committee Review

Apr 2025

House Passage

Mar 2025

Senate Passage

Apr 2025

Governor

Introduced Feb 3, 2025 Last action Apr 21, 2025

Maddy AI version diff · 3 comparisons

What changed between versions

Floor (House) → Floor (Senate) · 3 edits

MINOR

The bill was amended during Senate review to update formatting and committee reporting details, with no substantive policy changes to the Oklahoma Main Street Grant Program Revolving Fund. The core provisions regarding fund creation, eligibility requirements, and effective dates remain unchanged.

TECHNICAL

Header information was updated from House Floor Version to Senate Floor Version with revised page numbering and formatting.

Committee report date changed from February 27, 2025 to April 16, 2025, reflecting Senate floor approval timing.

Minor formatting adjustments to section headers and spacing throughout the document.

Floor votes · Senate Apr 16, 2025 · House Mar 24, 2025

How they voted

21–2

Passed

Total votes 23

Apr 16, 2025

D Democratic5

5 Yea

100% Yea

R Republican18

16 Yea 2 Nay

88% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 16, 2025

Upper · Passed

Reported Do Pass as amended Appropriations committee; CR filed

upper

Apr 16, 2025

Senate · Passed

Senate Vote: pass (21-2)

senate

Apr 8, 2025

Committee

Referred to Appropriations

upper

Apr 8, 2025

Upper · Passed

Reported Do Pass as amended Economic Development, Workforce and Tourism committee; CR filed

upper

Mar 25, 2025

Introduced

First Reading

upper

Mar 25, 2025

Lower · Passed

Engrossed, signed, to Senate

lower

Mar 24, 2025

Committee

Referred for engrossment

lower

Mar 24, 2025

Lower · Passed

Third Reading, Measure and Emergency passed: Ayes: 68 Nays: 27

lower

Feb 27, 2025

Lower · Passed

CR; Do Pass, amended by committee substitute Appropriations and Budget Committee

lower

Feb 13, 2025

Committee

Referred to Appropriations and Budget

lower

Feb 10, 2025

Committee

Referred to Rules

lower

Feb 4, 2025

Committee

Referred to Appropriations and Budget Natural Resources Subcommittee

lower

Feb 3, 2025

Introduced

First Reading

lower

2 primary · 0 co-sponsors