SB 678 creates a state fund to reimburse Oklahoma counties for lost property tax revenue when centrally assessed properties (like oil/gas facilities) decrease in value. Counties qualify if they lose at least $250,000 in annual tax collections from these properties, receiving 25% of the loss for the first two years after the valuation drop. Reimbursement funds prioritize school districts first, with remaining funds going to counties. The bill appropriates $2 million from the General Revenue Fund to start the fund, effective July 2025.
SB 241 appropriates $20 million from Oklahoma's General Revenue Fund to the Department of Commerce for rebates on capital investments in hydrogen-related manufacturing. It directly affects companies building facilities that refine, manufacture, or process hydrogen-based products within chemical manufacturing industries (NAICS codes 324 or 325). The key provision offers rebates for qualifying capital expenses, funded by the state's general revenue. The program becomes effective November 1, 2025.
HB 1733 modifies how Oklahoma allocates 0.87% of sales tax revenue (for fiscal years 2022-2025) to three tourism-related funds: the Oklahoma Tourism Promotion Revolving Fund (capped at $5 million annually), the Oklahoma Tourism Capital Improvement Revolving Fund (capped at $9 million), and the Oklahoma Route 66 Commission Revolving Fund (capped at $6.6 million). For fiscal years 2026 and beyond, it increases the allocation to 1% of sales tax revenue, with $6.6 million going directly to Route 66, and remaining funds split 36% to Tourism Promotion and 64% to Tourism Capital Improvement. The bill directly affects these state tourism funds, which support marketing, infrastructure, and historic preservation projects. It does not change overall tax rates but adjusts the distribution of existing sales tax revenue to these specific programs.
SB 196 appropriates $1.2 million from the state's General Revenue Fund to the Oklahoma Water Resources Board for infrastructure grants to rural water districts. The funds are intended to support water infrastructure projects in rural communities across Oklahoma. The bill declares an emergency to allow it to take effect immediately upon approval. This is a funding measure focused on direct financial support for rural water systems, with no other policy changes or provisions.
HB 1843 creates the "Community Quality of Life Enhancement Revolving Fund" to provide funding for local community projects. It is funded by a 0.25% increase in individual income tax revenue (capped at $250 million total), with eligible communities applying through locally formed boards to the Oklahoma Department of Commerce. Funds can be used for specific quality-of-life improvements like parks, infrastructure, public transportation, cultural centers, public art, and environmental projects. The bill takes effect July 1, 2025, and establishes the fund as a continuing state resource for these community priorities.
SB 119 creates an investment rebate program for Oklahoma businesses making significant capital investments in specific energy sectors. It directly affects companies refining/manufacturing hydrogen (blue/green), generating emission-free power, or producing cleaner fuels, requiring them to commit to at least $750 million in qualified capital expenditures with $150 million already spent. Eligible businesses receive rebates equal to 6.67% of qualifying investments, paid from the newly created Commerce Energy Manufacturing Activity Development Fund, which is initially funded with $50 million. The program expires on July 1, 2031, with unspent funds transferring to the General Revenue Fund.
HB 1502 appropriates $4 million for the construction and $1.4 million for the operation of hazardous materials (HAZMAT) facilities at an industrial park in Oklahoma. These funds, drawn from the General Revenue Fund for the 2025-2026 fiscal year, are intended to support health and safety measures for residents living near the industrial park. The bill directly affects communities adjacent to the industrial park and the Oklahoma Department of Commerce, which will manage the funds. The funding becomes effective July 1, 2025, with an emergency declaration enabling immediate implementation.
SB 1167 provides $100,000 in state funds from the General Revenue Fund to Oklahoma's Supreme Court for the 2025-2026 fiscal year to support its legal duties. The funding is intended to cover necessary operational expenses required by law, with no specific new programs or policies created. An emergency declaration ensures the appropriation takes effect immediately upon approval, bypassing standard implementation timelines. This is a straightforward funding measure directly affecting the Supreme Court's budget.
SB 379 requires websites or businesses publishing arrest booking photographs to remove them within a set timeframe upon a written request from the affected individual. It prohibits charging for removal, bans republication after removal, and allows affected people to sue for civil penalties of $1,000 per day of noncompliance, with recovery funds deposited into the state’s General Revenue Fund. The law excludes businesses that primarily profit from selling or sharing arrest photos, such as mugshot websites that charge for removal.
SB 302 creates the Oklahoma Law Enforcement Legacy Fund in the state treasury, funded by $563 million from 2023 unappropriated funds and $759 million from 2024 unappropriated funds. The bill requires the State Treasurer to invest fund monies prudently, maintain liquidity, and report quarterly on fund value. When the fund's value increases by $100 million or more in a fiscal year, the Treasurer must transfer that amount to the General Revenue Fund specifically to increase law enforcement wages. This transfer mechanism triggers automatically upon reaching each $100 million increment, with the fund's principal and investment returns accruing to the fund itself. The bill takes effect July 1, 2025.
