Bill > HB2838

This bill establishes the Oklahoma Certified Meat Processing Facility Incentive Act of 2025, creating a new state program to support meat processing facilities in Oklahoma. The bill creates an Approval Board composed of six members, including three appointed by the Governor and three legislators or their designees, to oversee the program. To be eligible for incentive payments, a business must be organized in the United States, have majority ownership by U.S. citizens, and use at least 50% of inputs from Oklahoma residents or Oklahoma-based entities. The bill creates a revolving fund within the State Treasury, managed by the Oklahoma Department of Agriculture, Food, and Forestry, to provide financial incentives for acquiring and operating meat processing facilities. If a recipient violates ownership restrictions, the incentive payments can be treated as a state tax liability, enforceable by the Oklahoma Tax Commission. The State Auditor and Inspector is granted the right to examine the books and records of recipient entities to ensure compliance. The act will become effective on July 1, 2025, and is declared an emergency measure, meaning it can take effect immediately upon passage and approval.

Agriculture and Natural Resources, Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb2838&Session=2600