Bill
Bill > SB578
summary
Introduced
02/03/2025
02/03/2025
In Committee
04/17/2025
04/17/2025
Crossed Over
03/18/2025
03/18/2025
Passed
04/29/2025
04/29/2025
Dead
Signed/Enacted/Adopted
05/06/2025
05/06/2025
Introduced Session
2025 Regular Session
Bill Summary
An Act ENROLLED SENATE BILL NO. 578 By: Coleman of the Senate and Kelley of the House An Act relating to incentives; amending 68 O.S. 2021, Section 4301, which relates to the Oklahoma Quality Events Incentive Act; and extending period in which the act is effective. SUBJECT: Oklahoma Quality Events Incentive Act
AI Summary
This bill extends the effectiveness period of the Oklahoma Quality Events Incentive Act from June 30, 2026 to June 30, 2031. By amending Section 4301 of Title 68 of the Oklahoma Statutes, the legislation simply pushes back the sunset date for this existing incentive program by five years. While the specific details of the "Quality Events Incentive" are not provided in this bill text, the extension suggests that the state finds the program valuable enough to continue for another five-year period. The bill appears to be a straightforward administrative action to maintain the current incentive program's legal authorization, allowing it to continue operating until the new expiration date of June 30, 2031.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (2)
Last Action
Becomes law without Governor's signature 05/06/2025 (on 05/06/2025)
Official Document
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