Bill > SB470

This bill amends the Oklahoma Quality Jobs Program Act to add a new requirement for businesses seeking incentive payments. Starting after the bill's effective date (November 1, 2025), establishments applying for the program must provide at least twelve weeks of paid family leave and two additional weeks of paid leave for new direct jobs. The paid family leave must cover all leave entitlements under the federal Family and Medical Leave Act and provide 100% wage payment during that time. This change is part of the existing Oklahoma Quality Jobs Program, which provides quarterly incentive payments to qualifying businesses that create new jobs in the state. The program typically offers payments for ten years (or thirty years for certain specific industries), based on the gross payroll of new direct jobs. The new leave requirement is an additional qualification businesses must meet to receive these incentive payments, aiming to enhance employee benefits and support for workers. The bill maintains other existing qualifications for the program, such as minimum payroll requirements and wage standards, while introducing this new paid leave provision to encourage more comprehensive employee support.

Labor and Employment

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb470&Session=2600