Historic Year for Support of Commerce-Related Legislation
8 Jun 2021
OKLAHOMA CITY – During the 2021 regular session for the Oklahoma State Legislature, the Oklahoma Department of Commerce worked with law makers on proposed legislation that would strengthen the state’s economic development efforts and increase opportunities for Oklahoma communities to attract new jobs and investment. The results were a historic year of support for Commerce-related legislation, including funding for the Governor’s Quick Action Closing Fund, the Oklahoma Accelerator Program and the Rural Economic Action Plan (REAP).
“The 2021 Legislative Session brought some great progress to economic development-related efforts for the state of Oklahoma,” said Scott Mueller, Oklahoma Secretary of Commerce and Workforce Development. “The bills that Governor Stitt signed will help simplify incentives, strengthen the state’s film and music industries, create pathways for more apprenticeships, increase opportunities for funding for Oklahoma start-ups and more. All of this will create new growth opportunities for our state, increasing our potential for new investment and attracting more jobs for Oklahomans.”
The overarching goals for the 2021 session for Commerce were to modernize and simplify the state’s incentives and to create an environment where economic growth can prosper. Each of the Commerce-related and requested bills that passed and were signed by Governor Stitt help fulfill these goals.