The "Oklahoma Advanced Manufacturing Incentive Act of 2025" aims to attract manufacturers specializing in low-grade waste heat electrification technology to Oklahoma through a tax incentive and direct grant program. The act establishes eligibility criteria for manufacturers, which include investing a minimum of $10 million or $20 million and creating a specified number of jobs to qualify for tiered corporate income tax abatements of up to 30% or 50%, respectively, for five years. Additionally, the Oklahoma Department of Commerce will administer a direct grant program capped at $20 million over five years, prioritizing projects that contribute significantly to the state's energy sector and economy.

To qualify for these incentives, manufacturers must establish new operations in Oklahoma, produce low-grade waste heat electrification technology, and submit an eligibility application detailing their business plans and job creation commitments. The act also mandates annual reporting from incentive recipients to track investments and job creation, and it requires collaboration between the Oklahoma Department of Commerce and educational institutions to develop relevant training programs. The act is set to expire on July 1, 2030, and includes provisions for the Department of Commerce to create administrative rules for its implementation.