Capitol Report

  • State Rep. Danny Sterling
    State Rep. Danny Sterling

    With a record $9.8 billion budget in a good economic year for the state, the Legislature took steps to attract new businesses to Oklahoma.

    House Bill 4085 creates the Oklahoma Rural Jobs Act, which provides a tax credit to investors who make capital investments into an eligible rural fund certified by the Dept. of Commerce. The tax credit is equal to a percentage of the capital investment and may b…