Bill > HB4476

This bill enacts the Community Music Infrastructure and Events Development Act, establishing a program within the Oklahoma Film + Music Office (OF+MO) to support both permanent music facilities and community music festivals. The program aims to develop, expand, and preserve music infrastructure, support festivals, improve workforce development in music-related fields, activate public spaces, and create more performance opportunities for Oklahoma musicians. It includes two tracks: Track A for community music infrastructure, which focuses on capital improvements, permanent equipment, and safety upgrades for venues and rehearsal spaces with minimum project costs of $50,000 (or $25,000 in rural communities), and Track B for community music festivals, supporting event development, temporary infrastructure, workforce training, and safety with minimum festival budgets of $50,000 (or $25,000 in rural communities). The bill allocates $5 million annually from income tax revenue to a new revolving fund, with $3 million for infrastructure and $2 million for festivals, and sets maximum awards of $100,000 per project. It prioritizes applications from rural communities and those benefiting Oklahoma Main Street districts, and mandates collaboration with Oklahoma CareerTech for workforce training. The OF+MO will report annually on the program's impact, and the bill amends existing law to apportion $5 million of income tax revenue to the new revolving fund starting July 1, 2026, with an emergency clause for immediate effect.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb4476&Session=2600