Oklahoma HB2407 establishes the Main Street Grant Program Revolving Fund under the Oklahoma Department of Commerce.
Oklahoma HB2407 creates the Main Street Grant Program Revolving Fund, managed by the Oklahoma Department of Commerce. The fund will consist of appropriated or designated monies, not subject to fiscal year limitations. To qualify for a grant, applicants must be designated and qualified Main Streets by the Oklahoma Main Street Program. The bill also includes an appropriation of $2,000,000 from the General Revenue Fund for fiscal year 2026 to supplement the grant program. The act declares an emergency and will take effect upon passage and approval.
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