Oklahoma is on track to attract more professional sports teams, thanks to a new bill that aims to bring job incentives for franchises considering a future in the state. HB 3959 expands a program in the Quality Jobs Act to include professional sports teams, providing a powerful boost to the state’s current NBA team.
State Rep. Jon Echols has worked closely with the Department of Commerce on the idea, and believes now is the perfect time to pass the bill due to upcoming opportunities. The incentive program in the Quality Jobs Act aims to promote job growth and improve companies’ bottom lines by injecting cash back into businesses as they expand and create new jobs in Oklahoma.
Echols, who grew up in Oklahoma City, believes this is an opportune moment for the state to pass the bill as it could help attract more professional sports teams and establish Oklahoma as a hub for sports industry growth. While there is no certain pro-sport expansion at present, leaders hope that this bill will help build momentum for the sports industry in Oklahoma and attract more professional sports teams to the state.