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
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2 1st Session of the 60th Legislature (2025)
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3 SENATE BILL 469 By: Woods
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6 AS INTRODUCED
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7 An Act relating to the Oklahoma Emission Reduction
7 Technology Rebate Program; amending Section 4,
8 Chapter 346, O.S.L. 2022, as amended by Section 3,
8 Chapter 353, O.S.L. 2024 (68 O.S. Supp. 2024, Section
9 55009), which relates to the Oklahoma Emission
9 Reduction Technology Incentive Act; modifying
10 eligibility requirements for rebate payment;
10 clarifying statutory language; providing an effective
11 date; and declaring an emergency.
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14 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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15 SECTION 1. AMENDATORY Section 4, Chapter 346, O.S.L.
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16 2022, as amended by Section 3, Chapter 353, O.S.L. 2024 (68 O.S.
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17 Supp. 2024, Section 55009), is amended to read as follows:
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18 Section 55009. A. Upon July 1, 2022, there is hereby created
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19 the Oklahoma Emission Reduction Technology Rebate Program. There is
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20 hereby created a rebate in the amount of up to twenty-five percent
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21 (25%) of documented expenditures made in this state directly
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22 attributable to the implementation of a qualified Emission Reduction
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23 Project.
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1 B. The rebate program shall be administered by the Department
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2 of Environmental Quality and the Oklahoma Tax Commission, as
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3 provided in the Oklahoma Emission Reduction Technology Incentive
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4 Act.
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5 C. To be eligible for a rebate payment:
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6 1. The applicant responsible for the implementation of a
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7 qualified Emission Reduction Project in this state shall submit
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8 documentation to the Department of Environmental Quality no later
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9 than six (6) months after the end of the fiscal year in which the
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10 expenditures were made implementation of the qualified Emission
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11 Reduction Project was completed, stating the amount of expenditures
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12 made in this state directly related to the implementation of the
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13 qualified Emission Reduction Project; provided, all applications for
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14 rebate payment shall be submitted to the Department no later than
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15 six (6) months prior to the date of cessation of the Oklahoma
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16 Emission Reduction Technology Rebate Program, as provided in Section
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17 55012 of this title. The Department of Environmental Quality shall
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18 additionally establish a process whereby an applicant may submit a
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19 rebate payment application for preliminary review and approval prior
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20 to the expenditure of project funds. Any approval through this
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21 alternative process shall be subject to final approval as determined
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22 necessary by the Department of Environmental Quality;
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23 2. The applicant has filed all Oklahoma tax returns and tax
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24 documents which are required by the laws of this state; and
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Req. No. 863 Page 2
1 3. The applicant shall provide evidence of a certificate of
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2 general liability insurance with a minimum coverage of One Million
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3 Dollars ($1,000,000.00) and a workers' compensation policy pursuant
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4 to the laws of this state which shall include coverage of employer's
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5 liability.
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6 D. The Department of Environmental Quality shall approve or
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7 disapprove all claims for a rebate payment and shall notify the
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8 Oklahoma Tax Commission. The Tax Commission shall, upon
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9 notification of final approval from the Department of Environmental
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10 Quality, issue a rebate payment for all approved claims from funds
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11 in the Oklahoma Emission Reduction Technology Upstream and Midstream
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12 Incentive Revolving Fund and the Oklahoma Emission Reduction
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13 Technology Downstream Incentive Revolving Fund, both created in
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14 Section 55010 of this title. If the amount of the approved claims
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15 exceeds the amount available in either fund, during a fiscal year,
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16 payments shall be made proportionally to all the parties making a
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17 claim prior to the deadline which is approved by the Department of
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18 Environmental Quality.
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19 E. Approved claims for rebate that exceed the balance of the
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20 Oklahoma Emission Reduction Technology Upstream and Midstream
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21 Incentive Revolving Fund and the Oklahoma Emission Reduction
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22 Technology Downstream Incentive Revolving Fund, both created in
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23 Section 55010 of this title, may be paid in part and the unpaid
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24 portion shall be paid upon the applicable fund reaching a sufficient
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Req. No. 863 Page 3
1 balance in the order in which the claims are approved by the
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2 Department.
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3 SECTION 2. This act shall become effective July 1, 2025.
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4 SECTION 3. It being immediately necessary for the preservation
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5 of the public peace, health or safety, an emergency is hereby
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6 declared to exist, by reason whereof this act shall take effect and
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7 be in full force from and after its passage and approval.
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9 60-1-863 QD 1/19/2025 5:37:01 AM
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Req. No. 863 Page 4Every fact on this page links to its source, starting with the official bill record.