Two Edmond-area lawmakers thanked Gov. Kevin Stitt for naming numerous census tracts as federal Opportunity Zones, an effort aimed at attracting private investment, encouraging economic development and creating new opportunities in local communities. Three census tracts located in Edmond have been designated as Opportunity Zones, creating new opportunities to attract private investment for housing, downtown revitalization and commercial development. Rep. Erick Harris, R-Edmond, who represents two of the three selected tracts, highlighted municipal leaders' coordinated strategy to connect housing needs, downtown and University of Central Oklahoma traffic and future developments along the city's southern gateway. "I appreciate Gov. Stitt's leadership in securing these Opportunity Zone nominations for Oklahoma," Harris said. "Encouraging private investment in our communities can help create jobs, strengthen our local economies and create new opportunities for Oklahoma families and businesses. These designations give local leaders another tool to support growth and make our state more competitive." In addition to other economic development opportunities, planned projects within the three tracts include: Census Tract 1082.03: A $90 million housing and mixed-use development. Census Tract 1082.04: A proposed $150 million transit-oriented development, a proposed $10 million project and a potential future commuter rail along the Edmond-Oklahoma City-Norman corridor. Census Tract 1082.07: Two mixed-use and multi-family developments totaling $76 million. Together, the three tracts have a documented pipeline of $360.5 million in planned private investment across nine identified future projects. Approximately $285.8 million in public and private investment is anticipated to be completed. Rep. Mike Osburn, R-Edmond, represents one of the three tracts designated Wednesday. "Opportunity zones can help bring private capital to projects that might otherwise face challenges getting across the finish line," Osburn said. "Edmond has already taken advantage of this program, and this designation creates another opportunity to build on that work, attract businesses and expand housing options. From housing near jobs and services to investment around downtown and UCO, these three areas each have an important role in Edmond’s future." Osburn, Harris and other Edmond legislators worked with local leaders to develop the three-tract economic approach and advocate for the designations. "This designation comes in a large part thanks to the relentless work of our Edmond municipal leaders to coordinate with private partners," Harris said. "Edmond is now in a stronger position to attract new investment that benefits our community and strengthens Oklahoma's economy as a whole." Opportunity Zones are federally designated census tracts where qualifying investments made through Qualified Opportunity Funds may receive federal tax benefits. It does not guarantee project financing, approval or construction. The U.S. Department of the Treasury must certify the selected census tracts before they receive official Opportunity Zone designation. The renewed program is scheduled to take effect Jan. 1, 2027, with the new designations lasting 10 years. The full map of nominated tracts may be found here .
OKLAHOMA CITY – A law allowing Oklahomans to receive a federal income tax credit beginning next year for qualified cash contributions to scholarship-granting organizations (SGOs) takes effect Nov. 1. Oklahoma is one of 30 states that have opted into participating in the Federal Scholarship Tax Credit (FSTC) program starting with the 2027 tax year. The program allows contributions to be claimed on the 2027 federal income tax returns filed in 2028. The Oklahoma Tax Commission currently is receiving applications from eligible SGOs through Dec. 15 . Funding from contributions, which can be made beginning Jan. 1, is to be used for scholarships for elementary and secondary education expenses. Funds can be donated to benefit both public and private school students. Rep. Denise Crosswhite Hader, R-Piedmont authored House Bill 3704 . "We want every child in our state to receive the very best education available to them," Crosswhite Hader said. "This improves not only the child's life but all of society, as a better educated child is healthier and more prepared for their future, including their roles in their families, communities and the workforce." Crosswhite Hader said the local public school is the best option for many students, but parents should have the freedom to decide if another option is the best fit for their child. "Taxpayers also should be able to support these choices with their own tax dollars," she said. The federal program is similar to the Oklahoma Equal Opportunity Education Scholarship program. Both allow Oklahoma taxpayers to contribute to a qualifying SGO and claim the amount of the contribution as a tax credit; however, the federal credit will be reduced by the amount allowed as a state tax credit for qualified contributions made during the same taxable year. The contributions then support scholarship efforts for Oklahoma students, including educational expenses such as tutoring or academic materials. Gov. Kevin Stitt previously signed an executive order opting Oklahoma into the FSTC program. Crosswhite Hader said this legislation puts this action in statute so going forward this will be available to all willing taxpayer participants. The tax credit is part of the federal One Big Beautiful Bill Act signed into law last year by President Trump. HB3704 designates the Oklahoma Tax Commission (OTC) as the administering agency for the program in the state. According to the Opportunity Scholarship Fund (OSF), here is how the program will work in Oklahoma. Beginning Jan. 1, an individual who gives cash to an approved SGO can get a federal tax credit of up to $1,700. Businesses cannot receive the credit, but proposed rules may allow up to $3,400 for a married couple who each give to a state-approved, federally recognized nonprofit that distribute private-school scholarships to eligible children. These are defined as students from households earning no more than 300% of their county’s median income. Under HB3704, the OTC is required to identify and register eligible SGOs, maintain and submit their list to the U.S. Treasury, develop rules, forms and procedures to administer the list, and ensure compliance with federal guidelines, including contribution reporting and scholarship distribution. According to OSF, no Oklahoma SGO is approved yet. The OTC must send Oklahoma's first list to the IRS by Feb. 15, 2027. SGOs can apply to participate in both the state and federal scholarship tax credit programs on the Oklahoma Tax Commission's website: https://oklahoma.gov/tax/individuals/scholarship-granting-organizations.html . This site also includes answers to frequently asked questions and additional information for taxpayers and SGO applicants. The Oklahoma Council on Public Affairs previously reported the tax credit could generate an additional $24 billion in education funding annually nationwide. Every $1 billion in scholarships could fund tuition at a school of choice for 77,000 students or cover tutoring for more than 300,000 students. Crosswhite Hader said she wanted to particularly thank Rep. Chad Caldwell, R-Enid, for bringing this program to her attention. Caldwell is term limited after 12 years of service in the Oklahoma House of Representatives, but he has been an enormous proponent of school choice for students and parents during his time in office. "This legislation would not have happened without his assistance and direction," Crosswhite Hader said.
OKLAHOMA CITY – Rep. Steve Bashore, R-Miami, is the author of two new laws that take effect Nov. 1, both designed to improve public safety. House Bill 3244 strengthens punishments for organized retail crime and identity theft and closes loopholes to protect the vulnerable. House Bill 2941 requires first responders to notify law enforcement when treating a drug overdose and establishes that in cases of fatal overdoses involving fentanyl, that will be the presumed cause of death. "Both measures are designed to protect the public," Bashore said. "Whether it's cracking down harder on criminals who are stealing personal information and defrauding citizens and businesses, or getting people faster help during a drug overdose, the emphasis is on making sure Oklahomans are safe." HB3244 expands the definition and pattern of retail and identity theft crimes, and it closes a loophole where criminals exploit vulnerable populations, including the elderly and minors. It is reported that fraud cases have risen sharply in recent years. In 2019, the Federal Trade Commission received 3.5 million fraud reports. By 2025, that number had jumped to 6.5 million, with an estimated $12.5 billion in losses. HB3244 also strengthens identity theft laws by expanding the list of personal information someone can illegally possess or use with fraudulent intent to include fingerprints, PIN numbers, DNA, usernames, passwords and more. The bill strengthens penalties for repeat offenders and improves coordination between law enforcement and financial institutions investigating suspected fraud. Punishment ranges from 10 to 20 years in prison, fines of between $20,000 and $100,000, or both. HB2941 requires first responders to notify law enforcement as soon as practicable after attending to the medical needs of the person they are treating when a drug overdose is suspected. Legal immunity will be granted to those who make the notification in good faith. The measure also establishes that in cases of fatal overdoses involving fentanyl, that will be the presumed cause of death. The Oklahoma State Department of Health reports fentanyl was involved in 86% of opioid-related overdose deaths in 2024, compared to approximately 10% to 20% annually prior to 2020. "Fentanyl is a growing problem in our state and across the nation, Bashore said. "Having more detailed data on the spread of this deadly drug in Oklahoma will help law enforcement identify problem areas, direct resources where they are needed most and better target those responsible for distributing this deadly drug." Bashore also authored House Bill 2959 , which took effect in May. The bill requires allegations of abuse or neglect by a school employee to be reported to law enforcement within 24 hours, prior of any formal investigation by the school or school board or the questioning of the subject of the accusation. "Too often, schools were interpreting the law to mean they had to notify law enforcement only after the school had finished its investigation into an allegation of abuse," Bashore said. "This clarifies the definition of immediately to mean within 24 hours. It gets quicker help for those traumatized by abuse and stops others from being victimized."