SB 249
Oklahoma Tourism Development Act; increasing cumulative inducement per year. Effective date.
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill, SB 249, aims to increase the amount of financial incentives (called ‘inducement’) that Oklahoma offers to businesses looking to establish or expand operations in the state. Specifically, it raises the maximum cumulative inducement amount that can be awarded each year. The bill was approved by the Senate Revenue and Taxation Committee and is awaiting action by the Governor. It also sets an effective date for the changes.
Sponsors
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Primary sponsors
Thompson (Kristen)
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