Revenue and taxation; income tax; income tax credit for qualified economic development expenditures; effective date.

The legislative session year was updated from the 2025 session to the 2026 session.

The effective date of the act was changed from November 1, 2025, to November 1, 2026.

Header formatting was updated to reflect the 'Floor Version' and 'As Introduced' status instead of the 'Enrolled' status.

The effective date of the act was changed from November 1, 2026, to November 1, 2025, likely to align with the legislative session year.

The statutory citation was updated to reference the 2025 session (68 O.S. Supp. 2025) instead of the 2024 session.

A new requirement was added stating that the written assignment agreement for tax credits must include specific details: the parties' names and addresses, the tax year of the expenditure, the credit amount, and the years the credit can be claimed.

A new rule was added requiring the Oklahoma Department of Commerce to issue a 'certificate of verification' upon project completion to satisfy tax commission requirements.

Header and footer text were updated to reflect the bill's status as 'Engrossed' and to include the Senate sponsor (Hall) alongside the House sponsors.

Page numbering and formatting markers were adjusted to align with the official engrossed version of the document.