HB 1926
Economic development; appropriation; Oklahoma Department of Commerce; Community Development Financial Institutions; effective date; emergency.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
House Bill 1926 allocates $30 million from the state’s general revenue fund to the Oklahoma Department of Commerce. This funding will be used in partnership with Community Development Financial Institutions (CDFIs) that are certified by the Small Business Administration to provide loans to small businesses across Oklahoma. The bill establishes an effective date of July 1, 2025, and declares an emergency to allow for immediate implementation. This initiative aims to support economic development and small business growth within the state.
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.