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.
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