The Oklahoma Certified Meat Processing Facility Incentive Act of 2025 establishes a framework to promote agricultural economic development through the creation of the Oklahoma Certified Meat Processing Facility Incentive Approval Board. This board will consist of members appointed by the Governor and legislative committee chairs, and it will oversee the eligibility criteria for businesses seeking incentive payments from the newly created Oklahoma Certified Meat Processing Facility Incentive Revolving Fund. To qualify for these incentives, businesses must be organized under U.S. laws, ensure that the majority of their equity is owned by U.S. citizens, and utilize at least 50% of their processing inputs from local sources.

The bill also outlines the enforcement mechanisms for compliance, including audits by the State Auditor and Inspector, as well as third-party audits. If a business is found to have violated ownership restrictions, the incentives received will be treated as a state tax liability, enforceable by the Oklahoma Tax Commission. The revolving fund will be continuously funded and appropriated for the purpose of supporting qualified entities in acquiring and operating certified meat processing facilities within the state. The act is set to take effect on July 1, 2025, and includes provisions for emergency enactment.