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OK SB469
Bill
AI Summary
- Modifies the rebate application deadline from 6 months after the fiscal year when expenditures were made to 6 months after the qualified Emission Reduction Project was completed
- Requires all rebate applications to be submitted no later than 6 months prior to the program's cessation date
- Establishes a new preliminary review and approval process allowing applicants to submit rebate applications before expending project funds, subject to final DEQ approval
- Rebates remain at up to 25% of documented in-state expenditures for qualified Emission Reduction Projects, with applicants required to maintain $1,000,000 general liability insurance and workers' compensation coverage
- Effective date is July 1, 2025, with an emergency clause for immediate effect upon passage
Legislative Description
Oklahoma Emission Reduction Technology Rebate Program; modifying eligibility requirements. Effective date. Emergency.
Last Action
Approved by Governor 04/28/2025
4/28/2025
Committee Referrals
Energy4/1/2025
Energy and Natural Resources Oversight4/1/2025
Revenue and Taxation2/13/2025
Energy2/4/2025
Full Bill Text
No bill text available