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HB 3978·OK·house

Revenue and taxation; Oklahoma Rural Jobs Act; tax credits; capital investments; effective date.

Floor Vote ScheduledFiled Feb 2, 2026
Sponsor: Caldwell (Trey)
Latest Action

Authored by Senator Howard (principal Senate author)

Mar 4, 2026

Summary

The bill amends the Oklahoma Rural Jobs Act to define how capital investments by rural investors are certified and to provide state tax credits for those investments. It targets small businesses in rural counties or towns and limits the total credit to $15 million per year. The goal is to encourage private equity into rural Oklahoma economies.

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