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Bill > HB4454
OK HB4454
OK HB4454Large-scale Economic Activity and Development Fund; making an appropriation; requiring certain amounts be used for certain purpose; effective date.
summary
Introduced
02/15/2022
02/15/2022
In Committee
05/17/2022
05/17/2022
Crossed Over
05/18/2022
05/18/2022
Passed
05/20/2022
05/20/2022
Dead
Signed/Enacted/Adopted
05/26/2022
05/26/2022
Introduced Session
2022 Regular Session
Bill Summary
An Act relating to the Large-scale Economic Activity and Development Fund; making an appropriation; identifying source; establishing amount; requiring certain amounts be used for certain purposes; and providing an effective date. SUBJECT: Large-scale Economic Activity and Development Fund
AI Summary
This bill appropriates $698,020,000 from the General Revenue Fund of the State Treasury to the Large-scale Economic Activity and Development Fund for the fiscal year ending June 30, 2022. Of those funds, $613,020,000 is designated for investment rebate payments to establishments that qualify under one provision of the existing law, and $85,000,000 is designated for investment rebate payments to establishments that qualify under another provision of the existing law. The bill also sets an effective date of September 15, 2022.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Approved by Governor 05/26/2022 (on 05/26/2022)
Official Document
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