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Oklahoma Legislature· HB 2838Referred to Appropriations

An act relating to agricultural economic development, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1                            STATE OF OKLAHOMA

2   1st Session of the 60th Legislature (2025)

3 HOUSE BILL 2838            By: Burns

4

5

6                            AS INTRODUCED

7   An Act relating to agricultural economic development;

    enacting the Oklahoma Certified Meat Processing

8   Facility Incentive Act of 2025; providing for

    creation of the Oklahoma Certified Meat Processing

9   Facility Incentive Approval Board; prescribing

    membership; providing for eligibility of entity for

10  incentive payments; imposing requirements and

    restrictions with respect to equity ownership;

11  providing for repayment of incentives under certain

    circumstances; authorizing State Auditor and

12  Inspector to conduct audit of books and records;

    authorizing audit by third party; requiring certain

13  characterization of incentive payments for purposes

    of repayment requirements; providing for enforcement

14  and collection of incentive repayment by Oklahoma Tax

    Commission; imposing requirements with respect to

15  processing facility inputs; creating the Oklahoma

    Certified Meat Processing Facility Incentive

16  Revolving Fund; providing for sources of revenue;

    prescribing purpose of fund; providing for

17  expenditures from fund; providing for

    noncodification; providing for codification;

18  providing an effective date; and declaring an

    emergency.

19

20

21 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

22  SECTION 1.      NEW LAW  A new section of law not to be

23 codified in the Oklahoma Statutes reads as follows:

24

    Req. No. 11143                                           Page 1
1   This act shall be known and may be cited as the "Oklahoma

2 Certified Meat Processing Facility Incentive Act of 2025".

3   SECTION 2.      NEW LAW  A new section of law to be codified

4 in the Oklahoma Statutes as Section 2121 of Title 62, unless there

5 is created a duplication in numbering, reads as follows:

6   A. There is hereby created the Oklahoma Certified Meat

7 Processing Facility Incentive Approval Board. The Board shall

8 consist of the following persons:

9   1. Three persons to be appointed by the Governor;

10  2. The Chair of the standing committee of the Oklahoma House of

11 Representatives having primary jurisdiction with respect to

12 legislation affecting agriculture or agricultural products;

13  3. The Chair of the standing committee of the Oklahoma State

14 Senate having primary jurisdiction with respect to legislation

15 affecting agriculture or agricultural products;

16  4. One person to be selected by the Chair of the committee of

17 the Oklahoma House of Representatives having primary jurisdiction

18 with respect to legislation affecting agriculture or agricultural

19 products; and

20  5. One person to be selected by the Chair of the standing

21 committee of the Oklahoma State Senate having primary jurisdiction

22 with respect to legislation affecting agriculture or agricultural

23 products.

24

    Req. No. 11143                                                 Page 2
1      B. In order to be eligible for any payment of funds from the

2 Oklahoma Certified Meat Processing Facility Incentive Revolving

3 Fund, an otherwise eligible business entity shall:

4      1. Be organized pursuant to the laws of any state of the United

5 States of America;

6      2. Not allow the majority of its equity interest to be owned

7 by:

8      a. a natural person who is not a citizen of the United

9      States,

10     b. a legal entity which is not an entity organized under

11     the laws of any of the states of the United States,

12     c. a legal entity, regardless of the state of its

13     formation, the majority equity interest of which is

14     owned by natural persons who are not United States

15     citizens,

16     d. a legal entity, regardless of the state of its

17     formation, the majority equity interest of which is

18     owned by an entity or entities the majority equity

19     interest of which is itself owned by one or more

20     natural persons who are not United States citizens,

21     and

22     e. a legal entity, regardless of the state of its

23     formation, the majority equity interest of which is

24     owned by any combination of natural persons who are

    Req. No. 11143                                                 Page 3
1   not United States citizens and other legal entities if

2   the majority equity interest of any one or more of

3   such entities is owned either by a natural person or

4   persons who are not United States citizens or if the

5   majority equity interest of any one or more of such

6   other legal entities is controlled, directly or

7   indirectly, by natural persons who are not United

8   States citizens; and

9   3. Use at least fifty percent (50%) of inputs in the processing

10 facility acquired from either a resident of the state or a legal

11 entity the majority equity interest of which is owned by one or more

12 residents of the state or a combination of natural persons who are

13 residents of the state and other legal entities the controlling

14 equity interest of which is owned, directly or indirectly, by one or

15 more residents of the state.

16  C. As used in this section, "majority equity interest" means

17 the shares or equivalent evidence of equity ownership in the entity

18 with voting rights having the power to select a board of directors

19 or an equivalent governing body for the entity.

20  D. If an entity receives funds pursuant to the provisions of

21 this act and pursuant to an audit of the books and records of the

22 entity it is determined that the restrictions regarding alien

23 ownership of the voting equity interest have been violated, the

24 amount of incentives paid to the entity shall become the equivalent

    Req. No. 11143                                                  Page 4
1 of a state tax owed by the entity and the Oklahoma Tax Commission

2 shall have all of the same procedures and remedies to enforce the

3 repayment of the incentive amount in the same manner as with respect

4 to any other state tax liability, including, but not limited to, the

5 provisions of the Uniform Tax Procedure Code.

6   E. The State Auditor and Inspector shall have the right to

7 examine the books and records of any entity receiving incentive

8 payments pursuant to the provisions of this act in order to enforce

9 the provisions of subsection B of this section and to assist in the

10 enforcement of the liabilities as described in subsection C of this

11 section. Any entity receiving incentive payments pursuant to the

12 provisions of this act shall provide access to its books and records

13 to the State Auditor and Inspector or to any third-party auditor

14 engaged by the State Auditor and Inspector in order to enforce the

15 provisions of subsection B and subsection C of this section.

16  SECTION 3.      NEW LAW  A new section of law to be codified

17 in the Oklahoma Statutes as Section 2122 of Title 62, unless there

18 is created a duplication in numbering, reads as follows:

19  There is hereby created in the State Treasury a revolving fund

20 for the Oklahoma Department of Agriculture, Food, and Forestry to be

21 designated the "Oklahoma Certified Meat Processing Facility

22 Incentive Revolving Fund". The fund shall be a continuing fund, not

23 subject to fiscal year limitations, and shall consist of all monies

24 received by the Oklahoma Department of Agriculture, Food, and

    Req. No. 11143                                                 Page 5
1 Forestry from such sources as may be provided by law. All monies

2 accruing to the credit of said fund are hereby appropriated and may

3 be budgeted and expended by the Oklahoma Department of Agriculture,

4 Food, and Forestry for the purpose of providing incentives to

5 qualified entities to acquire and operate or to operate facilities

6 for the processing of certified meat produced within the state.

7 Expenditures from said fund shall be made upon warrants issued by

8 the State Treasurer against claims filed as prescribed by law with

9 the Director of the Office of Management and Enterprise Services for

10 approval and payment.

11  SECTION 4. This act shall become effective July 1, 2025.

12  SECTION 5. It being immediately necessary for the preservation

13 of the public peace, health or safety, an emergency is hereby

14 declared to exist, by reason whereof this act shall take effect and

15 be in full force from and after its passage and approval.

16

17  60-1-11143      MAH   01/04/25

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    Req. No. 11143                                                 Page 6
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