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Bill

SB 470

Oklahoma Quality Jobs Program Act; requiring establishment to provide certain leave to receive incentive payment. Effective date.

2025 Regular Session Introduced by Julia Kirt

SB 470 requires Oklahoma businesses receiving Quality Jobs Program incentives to provide employees specified leave benefits to qualify for state economic development tax credits.

Second Reading referred to Economic Development, Workforce and Tourism Committee then to Revenue and Taxation Committee
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Bill Summary · SB 470

Legislative bill overview

SB 470 would modify Oklahoma's Quality Jobs Program by requiring businesses that receive incentive payments under the program to provide certain leave benefits to their employees. The bill establishes conditions that establishments must meet to qualify for or maintain state economic development incentives related to job creation.

Why is this important

The Quality Jobs Program is a major economic development tool offering tax credits and incentives to businesses that create jobs in Oklahoma. This bill would tie those incentives to employee benefits, potentially improving working conditions while affecting business compliance costs and the program's attractiveness to potential employers relocating to the state.

Potential points of contention

  • Business cost concerns: Requiring additional leave benefits increases operational costs for incentivized companies, potentially making Oklahoma less competitive with neighboring states offering unrestricted incentives
  • Vague leave specifications: The bill language doesn't specify what type of leave must be provided (paid/unpaid, amount, purpose), creating uncertainty about compliance requirements and enforcement
  • Incentive program impact: Conditioning incentives on non-financial requirements may reduce business participation, potentially undermining the economic development goals the Quality Jobs Program was designed to achieve

Compiled from official sources — confirm details with the bill’s official record.

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