HB2781

Economic development; creating the Reindustrialize Oklahoma Act of 2025; investment rebate program; creating the ROA-25 Revolving Fund and the ROA-25 Beneficiary Revolving Fund.

Complete·5/28/25

Oklahoma HB2781 establishes the Reindustrialize Oklahoma Act of 2025, creating an investment rebate program and two revolving funds.

Oklahoma HB2781, known as the Reindustrialize Oklahoma Act of 2025, establishes an investment rebate program to stimulate economic development. The act creates the ROA-25 Revolving Fund and the ROA-25 Beneficiary Revolving Fund to support this initiative. The Budget and Finance Act of 2025, which includes these provisions, will become effective November 1, 2025.

Included in complete analysis

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

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Sponsors

0
4
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Democratic CaucusRepublican Caucus

Roll Call Votes

36 Yea

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9 Nay

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3 Absent

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History

May 28, 2025

House

Approved by Governor 05/28/2025

May 22, 2025

Senate

JCR adopted

May 22, 2025

Senate

Measure passed: Ayes: 36 Nays: 9