Economic development; Entertainment District Incentive and Promotion Act of 2026; effective date.

HB 3775, the "Entertainment District Incentive and Promotion Act of 2026," creates a tax incentive program for businesses operating in designated entertainment districts across Oklahoma. The bill authorizes state tax credits to support economic development in these areas, directly affecting businesses that qualify as part of a designated entertainment district. Key provisions establish the framework for the incentive program, including its effective date of November 1, 2026, and specify the act will not be codified in Oklahoma Statutes. The bill does not detail specific districts or credit amounts but provides the legal foundation for future implementation by state authorities.