OklahomaOklahoma requires checks before business job incentive payments
Oklahoma law requires Commerce to verify qualifying investment or out-of-state sales before making incentive payments under contracts executed on or after November 1, 2026.
What it does
For contracts made on or after November 1, 2026, Commerce must confirm a business has made a qualifying investment or met the out-of-state sales threshold before payments can be made.
Argument forVerifying investment or out-of-state sales before payments could help ensure businesses meet a key program requirement before receiving state incentives.
Argument againstBusinesses could lose their contracts and all incentive payments if Commerce does not approve their investment or sales requirement within 36 months of application.
More detail
The Oklahoma Department of Commerce must verify qualifying investment or out-of-state sales before incentive payments are made. This applies to businesses with contracts under the Small Employer Quality Jobs Incentive Act executed on or after November 1, 2026. Commerce must approve that the qualifying investment has occurred or the out-of-state sales threshold has been achieved. If Commerce has not approved the investment or sales requirement within 36 months after the application date, it must cancel the contract, and no incentive may be paid.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 13Becomes law without Governor's signature 05/13/2026Latest
- May 6Sent to GovernorTo Governor
- Vote recorded Fourth Reading. Result: pass.Lower
- May 6Enrolled measure signed, returned to House
- May 6Enrolled, signed, to Senate
- May 6Referred for enrollment
- May 6Fourth Reading, Measure passed: Ayes: 58 Nays: 21Major
- May 6SA's read, adoptedMajor
- May 5SA's received
- Vote recorded Third Reading. Result: pass.Upper
- May 5Engrossed to HouseMajor
- May 5Referred for engrossment
- May 5Measure passed: Ayes: 25 Nays: 21Major
- May 5Enacting clause restored
- May 5Title restored
- May 5General Order, Amended
- Apr 20Placed on General Order
- Apr 20Withdrawn from Appropriations committee
- Apr 6Referred to AppropriationsMinor
- Vote recorded Do Pass Amended. Result: pass.Upper
- Apr 6Enacting clause stricken
- Apr 6Reported Do Pass as amended Revenue and Taxation committee; CR filedMinor
- Apr 1Second Reading referred to Revenue and Taxation Committee then to Appropriations CommitteeMinor
- Mar 16First ReadingMinor
- Mar 16Engrossed, signed, to SenatePassed Senate
- Mar 11Referred for engrossment
- Vote recorded Third Reading. Result: pass.Lower
- Mar 11Third Reading, Measure passed: Ayes: 64 Nays: 27Passed House
- Mar 11Authored by Senator Coleman (principal Senate author)
- Mar 11General Order
- Mar 9Emergency removed
- Mar 9Title stricken
- Mar 9CR; Do Pass, amended by committee substitute Appropriations and Budget CommitteeMinor
- Mar 4
- Vote recorded Appropriations And Budget Committee: Do Pass As Amended By Cs. Result: pass.Lower
- Feb 19Recommendation to the full committee; Do Pass, amended by committee substitute Appropriations and Budget Finance SubcommitteeMinor
- Feb 18
- Vote recorded Appropriations And Budget Finance Subcommittee: Do Pass As Amended By Cs. Result: pass.Lower
- Feb 3Referred to Appropriations and Budget Finance SubcommitteeMinor
- Feb 3Second Reading referred to Appropriations and BudgetMinor
- Feb 2Authored by Representative Chapman
- Feb 2First ReadingIntroduced
Economy & JobsTaxes & Budget