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OK HB2407
Bill
Status
3/25/2025
Primary Sponsor
Scott Fetgatter
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AI Summary
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Creates the "Oklahoma Main Street Grant Program Revolving Fund" in the State Treasury, administered by the Oklahoma Department of Commerce to preserve and develop Oklahoma main streets
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Applicants must be designated and qualified Main Streets by the Oklahoma Main Street Program to be eligible for grants
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Grant recipients must contract with the Department of Commerce, submit proof of continued Main Street designation, and invoice the Department no earlier than June 1 of any fiscal year
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Main Streets that lose their designated status are removed from the program and their allocated funds are redistributed evenly among remaining qualified recipients
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Effective date of July 1, 2025, with an emergency clause allowing immediate effect upon passage and approval
Legislative Description
State government; creating the Main Street Grant Program Revolving Fund; Department of Commerce; requirements to qualify; effective date; emergency.
Last Action
Placed on General Order
4/21/2025