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53 | 53 | STATE OF OKLAHOMA | |
54 | 54 | ||
55 | 55 | 1st Session of the 60th Legislature (2025) | |
56 | 56 | ||
57 | 57 | SENATE BILL 241 By: Thompson | |
58 | 58 | ||
59 | 59 | ||
60 | 60 | ||
61 | 61 | AS INTRODUCED | |
62 | 62 | ||
63 | 63 | An Act relating to the Oklahoma Department of | |
64 | 64 | Commerce; making an appropriation; providing purpose; | |
65 | 65 | and providing an effective date . | |
66 | 66 | ||
67 | 67 | ||
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69 | 69 | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: | |
70 | 70 | SECTION 1. There is hereby appropriated to the Oklahoma | |
71 | 71 | Department of Commerce from any monies not otherwise appropriated | |
72 | 72 | from the General Revenue Fund of the State Treasury for the fiscal | |
73 | 73 | year ending June 30, 2024, the sum of Twenty Million Dollars | |
74 | 74 | ($20,000,000.00) for the purpose of providing a rebate for capital | |
75 | 75 | investments in an establishment that refines, manufactures, or | |
76 | 76 | processes compounds or elements into hydrogen -based products in | |
77 | 77 | industries defined or classified in the North American Industry | |
78 | 78 | Classification System ( NAICS) Manual under Subsector 324 or 325 or | |
79 | 79 | so much thereof as may be necessary to perform the duties imposed | |
80 | 80 | upon the Oklahoma Department of Commerce by law. | |
81 | 81 | SECTION 2. This act shall become effective November 1, 2025. | |
82 | 82 | ||
83 | 83 | 60-1-1441 JC 12/30/2024 5:21:09 PM |