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Bill > SB1834
OK SB1834
OK SB1834State government; creating certain revolving fund; creating the Oklahoma Main Street Revitalization Grant Program. Effective date.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to state government; creating the Oklahoma Main Street Revitalization Revolving Fund; providing composition of funds; requiring certain disbursal of monies on certain approval of the Oklahoma Department of Commerce; creating the Oklahoma Main Street Revitalization Grant Program; authorizing the promulgation of rules by the Oklahoma Department of Commerce Board to approve and fund applications to the program; providing for codification; and providing an effective date.
AI Summary
This bill establishes the Oklahoma Main Street Revitalization Grant Program and a dedicated revolving fund to support it. The "Oklahoma Main Street Revitalization Revolving Fund" will be managed by the Oklahoma Department of Commerce and will receive funds designated by law, which can be used to match contributions from grant program applicants. The grant program itself, also managed by the Department of Commerce, will provide funding for projects aimed at improving the quality of life in certified Main Street communities. These projects can include investments in building facades, landscaping, public amenities like lighting and sidewalks, public art, and infrastructure that supports downtown living and real estate access. The Oklahoma Department of Commerce Board will create rules to ensure fair distribution of these grants, potentially prioritizing new applicants over those who have received funds before, treating related entities as a single applicant, and setting application periods. This act will take effect on November 1, 2026.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Second Reading referred to Economic Development, Workforce and Tourism Committee then to Appropriations Committee (on 02/03/2026)
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=sb1834&Session=2600 |
| Fiscal Note/Analysis - Senate: SB1834 INT FI | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/impact%20statements/fiscal/Senate/SB1834%20INT%20FI.PDF |
| Fiscal Note/Analysis - Senate: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB1834%20INT%20BILLSUM.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/SB/SB1834%20INT.PDF |
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