Oklahoma HB3984 establishes the Oklahoma Talent Attraction and Relocation Act to incentivize workforce recruitment.
Oklahoma HB3984 creates the Oklahoma Talent Attraction and Relocation Act, administered by the Oklahoma Department of Commerce. It establishes the Oklahoma Talent Attraction and Relocation Revolving Fund to support workforce recruitment. The fund receives appropriations, federal funds, gifts, grants, donations, and repayments. The Department can award grants to eligible applicants, including cities, towns, counties, or nonprofit corporations, for talent recruitment programs. Households must reside outside Oklahoma and meet income criteria to qualify for incentives.
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- Legal Framework
- Critical Issues
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