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 seeking incentive payments to provide new employees with at least 12 weeks of paid family leave and an additional 2 weeks of paid leave. This applies specifically to new direct jobs created under the program, directly affecting qualifying businesses that apply for incentives after the bill's effective date. The requirement supplements existing criteria, such as minimum payroll thresholds ($2.5 million annually for most industries) and workforce composition rules. Businesses must meet this leave provision to maintain eligibility for quarterly incentive payments over a 10- or 30-year period, depending on industry classification. The bill does not change payment amounts or existing eligibility thresholds for payroll or job creation.