---
type: "Bill"
title: "Small business incubators; requiring submission of certain information to the Oklahoma Commerce Department to qualify for certain income tax exemption. Effective date."
description: "Small business incubators; requiring submission of certain information to the Oklahoma Commerce Department to qualify for certain income tax exemption. Effective date."
jurisdiction: "us/states/ok"
legislature: "Oklahoma Legislature"
session: "2026"
identifier: "SB 573"
citation: "Oklahoma SB 573 (2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Pae", "Rader"]
version_count: 5
action_count: 23
vote_count: 6
first_action: "2025-02-03"
last_action: "2025-05-14"
source: "openstates"
source_identifier: "ocd-bill/0a22aa43-71dd-4442-9c05-b612273bc51b"
source_url: "http://www.oklegislature.gov/BillInfo.aspx?Bill=SB573&session=2600"
source_hash: "77333c2ab834191a9fbaae4f75cda6471dfdc443b021a36c6ad881b47f288813"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ok"]
---

# Oklahoma SB 573 (2026) — Small business incubators; requiring submission of certain information to the Oklahoma Commerce Department to qualify for certain income tax exemption. Effective date.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://www.oklegislature.gov/cf_pdf/2025-26 INT/SB/SB573 INT.PDF)
2. **Engrossed** (committee substitute) — [source](https://www.oklegislature.gov/cf_pdf/2025-26 ENGR/SB/SB573 ENGR.PDF)
3. **Enrolled (final version)** (committee substitute) — [source](https://www.oklegislature.gov/cf_pdf/2025-26 ENR/SB/SB573 ENR.PDF)
4. **Floor (House)** (committee substitute) — [source](https://www.oklegislature.gov/cf_pdf/2025-26 FLR/HFLR/SB573 HFLR.PDF)
5. **Floor (Senate)** (committee substitute) — [source](https://www.oklegislature.gov/cf_pdf/2025-26 FLR/SFLR/SB573 SFLR.PDF)

## Votes

- Appropriations And Budget Committee: Do Pass — **27–0** (pass) · lower
- Do Pass — **9–0** (pass) · upper
- Advance — **43–0** (pass) · upper
- Third Reading — **44–0** (pass) · upper
- Appropriations And Budget Natural Resources Subcommittee: Do Pass — **10–0** (pass) · lower
- Third Reading — **73–18** (pass) · lower

## Sponsors

- Pae — primary (person)
- Rader — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-02-03** First Reading `introduction, reading-1`
- **2025-02-03** Authored by Senator Rader
- **2025-02-04** Second Reading referred to Economic Development, Workforce and Tourism `reading-2, referral-committee`
- **2025-02-19** Reported Do Pass Economic Development, Workforce and Tourism committee; CR filed `committee-passage`
- **2025-02-24** Coauthored by Representative Pae (principal House author)
- **2025-02-24** Placed on General Order
- **2025-03-12** General Order, Considered
- **2025-03-12** Measure passed: Ayes: 44 Nays: 0 `passage`
- **2025-03-12** Referred for engrossment
- **2025-03-13** Engrossed to House `passage`
- **2025-03-13** First Reading `introduction, reading-1`
- **2025-04-01** Second Reading referred to Appropriations and Budget `reading-2, referral-committee`
- **2025-04-02** Referred to Appropriations and Budget Natural Resources Subcommittee `referral-committee`
- **2025-04-07** Recommendation to the full committee; Do Pass Appropriations and Budget Natural Resources Subcommittee `committee-passage`
- **2025-04-17** CR; Do Pass Appropriations and Budget Committee `committee-passage`
- **2025-05-06** General Order
- **2025-05-06** Third Reading, Measure passed: Ayes: 73 Nays: 18 `passage, reading-3`
- **2025-05-06** Signed, returned to Senate
- **2025-05-06** Referred for enrollment
- **2025-05-07** Enrolled, to House
- **2025-05-07** Signed, returned to Senate
- **2025-05-07** Sent to Governor `executive-receipt`
- **2025-05-14** Becomes law without Governor's signature 05/14/2025 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0a22aa43-71dd-4442-9c05-b612273bc51b`. Confidence: reported (aggregated from official Oklahoma legislature records).