SB1990

Oklahoma SB1990 modifies the Incentive Evaluation Commission's criteria for economic and fiscal impact estimates.

Oklahoma SB1990 amends the criteria for the Incentive Evaluation Commission's economic and fiscal impact estimates. The bill requires the Commission to consider how incentives change business behavior, their overall economic results, and whether they are administered effectively. It also mandates assessments of whether incentives achieve their goals and further strategic economic goals. The Commission must submit annual reports to the Secretary of State, detailing evaluations and recommendations for incentive retention, reconfiguration, or repeal.