Bill No. 1065 amends the Oklahoma Quality Events Incentive Act by extending the expiration date of the act from June 30, 2026, to June 30, 2032. This change aims to provide continued support for quality events in Oklahoma, thereby promoting tourism and economic development in the state.
The bill is set to take effect on November 1, 2025, following its passage in the House of Representatives on March 10, 2025. This extension reflects the state's commitment to fostering a vibrant events industry and ensuring that the benefits of the incentive program continue for an additional six years.