BUSINESS AND ECONOMIC DEVELOPMENT
COUNTY GOVERNMENT REFORM The Chamber supports empowering Oklahoma counties to alter their form of government to meet their unique needs. ELECTIONS The Chamber will oppose legislation that would remove flexibility from the election calendar by forcing local elections to be held on specific days, such as during the primary or general elections. GOVERNMENT REGULATION The Chamber supports an energy environment that strengthens Oklahoma’s economic competitiveness. The Chamber opposes any state regulations on private food manufacturers, grocers, and retailers that go beyond federal requirements. Uniform national standards are essential to ensuring consistency, economic and supply chain efficiency, and regulatory clarity across the food industry. WORKERS’ COMP REFORM The Chamber supports defending and improving the comprehensive workers’ compensation reform legislation enacted during the 2013 session. LEGAL REFORM The Chamber supports reasonable civil lawsuit reform to keep excessive liability costs from detracting from economic development. ECONOMIC DEVELOPMENT PROGRAMS The Chamber supports retaining and strengthening the state’s premier economic/community development programs which are critical in attracting new businesses to the state, assisting existing companies expand and encouraging investment in communities across the state. Following are the key programs the
Chamber will seek to protect and improve: • Quality Jobs Act, 21st Century QJA, Small Employer QJA and the Prime Contractor QJA
• Aerospace Engineer Tax Credit • Investment/New Jobs Tax Credit
• Historical Building Rehabilitation Tax Credit • Cybersecurity/Software Engineer Tax Credit • Five-year Ad Valorem Abatement and Sales Tax Exemption for Manufacturing Facilities • Regional Home Office Insurance Premium Tax Credit
• Tourism Development Act • Filmed in Oklahoma Act • Oklahoma Rural Jobs Act
The Chamber supports enacting meaningful strategic and structural reforms to the Oklahoma Department of Commerce to ensure this key state partner agency is positioned to successfully: 1) market our state on a global and national scale; 2) recruit companies into the state; and 3) support the growth of existing companies. The Chamber supports identifying funding streams for infrastructure and site control/development to enable the successful recruitment of high-economic impact projects.
The Chamber supports establishing “regionally focused” economic development finance tools and structures.
The Chamber supports the creation of incentives that bolster research and development efforts, catalyze early-stage capital deployment, and provide the ability for key talent recruitment and retention in our market.
The Chamber will support efforts to reinstate the Tax Credit for Energy Efficient Homes and oppose efforts to amend the state’s
7
Made with FlippingBook - professional solution for displaying marketing and sales documents online