This bill establishes new regulations regarding labor organizations and the eligibility of employers for economic development incentives in Oklahoma. It defines key terms such as "economic development incentive," "employee," "employer," and "labor organization," and outlines specific practices that would disqualify employers from receiving these incentives. Notably, employers will be ineligible if they grant recognition rights based solely on signed union authorization cards, disclose employees' personal contact information to labor organizations without consent, sign neutrality agreements, or require subcontractors to engage in prohibited activities.

Additionally, the bill allows individuals to report suspected violations to the Attorney General, who will investigate these claims. If an employer is found to have violated the provisions, they must repay all economic development incentives received for the project in question. The bill also clarifies that these regulations do not apply to employers or subcontractors that do not directly receive incentives, nor to agreements made prior to the bill's effective date or to employers with existing collective bargaining agreements. The act is set to take effect on November 1, 2026.