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Bill > SB1919
OK SB1919
OK SB1919Oklahoma Tourism Development Act; increasing cumulative inducement per year. Effective date.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/10/2026
02/10/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Oklahoma Tourism Development Act - inducement claims - effective date
AI Summary
This bill amends the Oklahoma Tourism Development Act to increase the total amount of financial incentives, known as "inducements," that can be provided to approved companies for tourism projects each year from $30 million to $60 million. The bill also updates the title of the chief executive of the Oklahoma Department of Commerce from "Director" to "Chief Executive Officer" and clarifies that sales tax credits can be passed through to "Tenant Parties" within an "Entertainment District," which is a designated area for entertainment and tourism. These changes aim to encourage more tourism development by offering greater financial support, with the new cumulative inducement limit taking effect on November 1, 2026.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (2)
Last Action
Placed on General Order (on 02/16/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1919&Session=2600 |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20FLR/SFLR/SB1919%20SFLR.PDF |
| Fiscal Note/Analysis - Senate: SB1919 INT FI (2) | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/impact%20statements/fiscal/Senate/SB1919%20INT%20FI%20(2).PDF |
| Fiscal Note/Analysis - Senate: SB1919 INT FI | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/impact%20statements/fiscal/Senate/SB1919%20INT%20FI.PDF |
| Fiscal Note/Analysis - Senate: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB1919%20INT%20BILLSUM.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/SB/SB1919%20INT.PDF |
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