HB 2402: Revenue and taxation; Oklahoma Advanced Manufacturing Incentive Act of 2025; time period; eligibility requirements; collaboration.
Topics
✓ Budget & TaxesSupports Budget & TaxesProvides corporate tax breaks (up to 50%) for qualifying manufacturers, advancing tax incentive policy as a fiscal tool.
✓ EnergySupports EnergyBill provides tax incentives for waste heat recovery technology, directly promoting energy efficiency and clean energy infrastructure development.
✓ EnvironmentSupports EnvironmentBill incentivizes low-temperature waste heat electrification tech (energy efficiency), promoting cleaner manufacturing and reduced emissions through tax breaks for qualifying facilities.
✓ TechnologySupports TechnologyBill provides tax breaks/grants for manufacturers of low-temp waste heat electrification technology, directly funding and promoting this specific tech sector.
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Rep's Stance
✓ Voted Yes
✓ Supports Environment