SB1900

Oklahoma SB1900 mandates businesses receiving state funds or incentives to share a portion of those funds with local governments for infrastructure.

Oklahoma SB1900 requires business entities receiving certain state funds or incentives to allocate a portion of those funds to the political subdivision where the project is located. If the project is in a town or municipality, 100% of the payment goes to that town or municipality. If the project is outside a town or municipality but uses its infrastructure, 75% goes to the town or municipality and 25% to the county. If the project is outside both a town or municipality and its infrastructure, 100% goes to the county. These payments must be used exclusively for infrastructure.