SB 255 creates a 70% state income tax credit for Oklahoma taxpayers who purchase equipment to control feral swine, directly affecting agricultural landowners (individuals or businesses owning ≥20 acres). The credit covers 70% of qualified equipment costs - such as traps, cameras, or barriers - used to reduce crop damage, habitat destruction, or other harm caused by feral swine. The credit is capped at $15,000 total across all tax years and can be carried over for up to five years if unused. It requires proof of agricultural land ownership and excludes businesses that profit from removing feral swine for hire.
SB 294 amends Oklahoma's Oklahoma Quick Action Closing Fund to exclude electric vehicle manufacturing businesses (specifically those using NAICS code 336110) from eligibility for funding. This bill directly affects companies in the electric vehicle manufacturing industry, preventing them from receiving economic development funds intended for high-impact business projects. The change modifies existing eligibility rules under the fund's statutes without altering other provisions for qualifying industries or the fund's administration. The exclusion applies to all applications for the fund, including those seeking rebates under the Oklahoma Film Enhancement Rebate Program. The bill does not change the fund's purpose, which remains supporting job creation, capital investment, and economic development through targeted business incentives.
SB 475 requires the Oklahoma Tax Commission to verify whether taxpayers have claimed a specific income tax credit for clean-burning motor fuel property investments when requested. This bill amends existing tax law (68 O.S. § 2357.22) to update verification procedures for the one-time credit against income tax for qualified clean-burning motor fuel vehicle investments. The change affects taxpayers claiming this credit and streamlines the Tax Commission’s process to prevent duplicate claims. It modifies confidentiality rules (68 O.S. § 205) to allow this verification without compromising other protected tax records. The bill focuses on administrative accuracy for an existing credit, not new tax benefits.
HB 1323 directs Oklahoma's Water Resources Board to study the Kiamichi River's water flow and related impacts. The study must assess seasonal flow patterns, minimum ecological flow needs, water withdrawal capacity without harming the environment or existing rights, and potential effects of a proposed low-water dam on ecosystems, recreation, and communities. The Board must submit a final report with findings and recommendations to state leaders by December 31, 2026. This bill creates no immediate policy changes but mandates data collection to inform future water management decisions.
SB 469 modifies eligibility requirements for Oklahoma's Emission Reduction Technology Rebate Program, which provides up to 25% rebates for businesses implementing qualifying emission-reduction projects within the state. The bill clarifies submission deadlines (requiring documentation within six months after fiscal year-end completion) and adds a preliminary review process for applications before project funding is spent. It also specifies that applicants must have filed all required Oklahoma tax returns and maintain $1 million general liability insurance with workers' compensation coverage. The changes apply to businesses seeking rebates administered by the Department of Environmental Quality and Oklahoma Tax Commission, using funds from dedicated revolving funds. The bill takes effect July 1, 2025.
HB 1452 imposes a state tax on owners of wind, solar, geothermal, and hydroelectric facilities in Oklahoma, equal to the federal production tax credit amount they could have claimed. The tax applies regardless of whether the facility owner actually used the federal credit. Government-owned facilities are exempt from this tax, while private owners must report and pay the tax monthly to the Oklahoma Tax Commission. All revenue collected flows into the state's General Revenue Fund.
SB 619 requires large industrial energy users in Oklahoma (those exceeding 75 kWh/sq ft/year or 70,000 BTU/sq ft/year of electricity or energy usage) to submit biennial efficiency plans to the Oklahoma Department of Commerce. These plans must detail strategies to improve energy efficiency and methods to offset up to 50% of annual energy use through renewable production. All submitted plans will be published on a public website. The bill takes effect November 1, 2025.
HB 1205 repeals Oklahoma's tax credit for small wind turbine installations by removing Section 2357.32B from the state's tax code. This change directly affects small wind turbine owners and installers who previously qualified for the credit. The repeal takes effect on November 1, 2025, eliminating the tax incentive for new installations after that date. The bill is procedural and does not create new policy, only removing an existing tax provision.
SB 2123 amends Oklahoma's Wind Energy Development Act to clarify and strengthen decommissioning requirements for wind energy facilities. It shortens the abandonment period from 24 months to 180 consecutive days (excluding certain exceptions like curtailment), requiring owners to remove all equipment - including turbines, towers, foundations, and cabling - upon abandonment or end of a facility's useful life. The bill also modifies definitions (e.g., "abandonment," "useful life"), updates permit application criteria, and mandates public hearings for facility expansions. These changes directly affect wind energy facility owners and operators, ensuring clearer accountability for site restoration after operations cease.
SB 265 creates the Oklahoma Water Infrastructure Loan Program and Revolving Fund to provide low-interest loans for water system improvements. It directly affects municipalities and water districts by enabling them to access funding for projects like upgrading pipes, treatment facilities, or water supply systems. The bill establishes a revolving fund that replenishes as loans are repaid, ensuring ongoing availability of capital. The "Emergency" designation indicates it aims for rapid implementation to address urgent water infrastructure needs.
