HB1926

Economic development; appropriation; Oklahoma Department of Commerce; Community Development Financial Institutions; effective date; emergency.

Introduced·2/3/25
Int Text

Oklahoma HB1926 allocates $30 million for economic development through the Oklahoma Department of Commerce in partnership with Community Development.

Oklahoma HB1926 provides an appropriation of $30 million to the Oklahoma Department of Commerce for economic development. The funds are intended to be used in cooperation with Community Development Financial Institutions certified by the United States Small Business Administration to support small business entities through loans. The bill declares an emergency and specifies that it becomes effective July 1, 2025.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Where it stands

Current
Rules Committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

Feb 4, 2025

House

Second Reading referred to Rules

Feb 3, 2025

House

First Reading

Feb 3, 2025

House

Authored by Representative Stewart