OK SB1919

Doubles the annual cap on cumulative inducements under the Oklahoma Tourism Development Act from $30 million to $60 million per year

Updates terminology throughout the statute to replace "Executive Director" with "Chief Executive Officer" when referring to the Oklahoma Department of Commerce leadership

Corrects a typographical reference to "The Oklahoma Register" for administrative rule publication notices

Maintains existing sales tax credit structure: up to 10% for projects with approved costs between $500,000 and $1 million; up to 25% for projects exceeding $1 million

Effective date of November 1, 2026