SIDE Act improvements can be done through projects that include qualified economic development expenditures in industrial parks, qualified initial infrastructure expenditures associated with industrial parks, or a combination of the two. Once an application is submitted and eligibility requirements are met, the Oklahoma Department of Commerce (Commerce) may allocate Strategic Industrial Development tax credits, a corporate income tax credit, to the eligible entity for the completion of the qualifying project.
Final Round for 2023 Applications Open October 2, 2023
Applicants are strongly encouraged to read the following documents on this webpage before applying:
- Agreement for Potential Participation (this document is required to be attached to the application)
- Program Rules
- SIDE Act FAQ
2025 4th Quarter Submission Updates
The Oklahoma Department of Commerce is in the process of reviewing the application(s) submitted. 4th quarter application(s) will be evaluated by October 24, 2025.
After October 24, 2025, Commerce will provide updates on the website for the 4th quarter project(s) that were allocated tax credits through the SIDE Act.
- Application
Since there are still $1,756,721.42 SIDE Act funds remaining, Commerce will have an additional open period for 2025. A link to the online application will be posted to the website on the first day of the open period.
In 2026, Commerce will resume reviewing applications quarterly. A link to the online application will be posted to the website on the first day of the open period. See the anticipated 2026 open periods below:
- January 5-16
- On January 5, 2026, applicants may begin filling out and submitting their online application.
- Applications must be submitted by January 16, 2026, 5 p.m. CST.
- Between January 16, and January 30, 2026, Commerce will review and score applications. Commerce will provide updates on our website on the number of applications, types of projects and amounts of tax credits requested before January 30, 2026.
- Applications will be evaluated by January 30, 2026. Commerce will provide updates on our website of the projects that were allocated tax credits through the SIDE Act.
- March 16-27*
- June 29-July 10*
- September 28-October 9*
*Please note that funds are limited, after the first open period all subsequent dates are contingent upon remaining funds.
*Please note that funds are limited after the first open period all subsequent dates are contingent upon funds remaining.
Applications will ONLY be accepted via our online submission form which will be linked here on the first day of the open period. The sample PDF application is for preparation purposes only and to allow applicants to review and prepare to apply. Please note that while this document contains the pertinent questions and content needed for submission, the document is NOT final and is subject to minor changes.
Applicants must download and sign the Agreement for Potential Participation and then upload a copy when applying.
Application Timeline:
- On October 2, 2023, applicants may begin filling out and submitting their online applications for the third and final round for 2023.
- Applications must be submitted by October 13, 2023 5 p.m. CST.
- Between October 13, 2023 and November 3, 2023, the Oklahoma Department of Commerce will review and score applications. Commerce will provide updates on our website on the number of applications, types of projects and amounts of tax credits requested before November 3, 2023.
- Applications will be evaluated by November 3, 2023. Commerce will provide updates on our website of the projects that were awarded tax credits through the SIDE Act.
- On January 2, 2024, Commerce will begin accepting applications for SIDE Act projects that will begin in 2024.
Join the SIDE Act Alerts mailing list for program updates.
Oklahoma's Qualifying Areas
View the SIDE Act qualifying areas in Oklahoma.
Please be advised that by statutes Enterprise Zone Tracts are adjusted on July 1 each year. An updated map with the new tracts that will take effect July 1 will be posted as soon as available (late June).
- SIDE Act Program One Sheet
Learn more about how the Oklahoma Strategic Industrial Development Enhancement (SIDE) Act facilitates construction of new or existing facilities at rural industrial parks and promotes the competitiveness of railroad infrastructure in the state.
- Program FAQs
- Rules
2025 SIDE Act Program Participants
Commerce has allocated a total of $10,243,278.58 SIDE Act tax credits for eight projects from the first four quarters of 2025. SIDE Act tax credits will help facilitate $82,029,316 in capital expenditures. These businesses plan to create approximately 357 new jobs associated with these projects.
| Eligible Entity | Sponsor | Type of Project | Location | Anticipated Expenditures | SIDE Act Allocation |
|---|---|---|---|---|---|
| Industrial Developers of Oklahoma 12, LLC | City of Tulsa-Rogers County Port Authority | Economic Development | Tulsa Port of Catoosa | $45,661,156 | $755,786.40 |
| Farmrail Corporation | Farmrail Corporation | Initial Infrastructure | Burns Flat | $1,064,713 | $532,356 |
| TBD* | Muskogee City County Port Authority | Initial Infrastructure | Muskogee | $3,255,686 | $1,627,843 |
| Malarkey Roofing Products | Stillwater Central Railroad, LLC | Initial Infrastructure | Oklahoma City | $1,635,846 | $375,809.18 |
| T&J Marketing, Inc. | Stillwater Central Railroad, LLC | Initial Infrastructure | Chandler | $6,508,946 | $3,000,000 |
| Ross Group Development, LLC | City of Bristow | Economic Development | Bristow | $20,000,000 | $2,000,000 |
| Kiamichi Railroad Company, LLC | Kiamichi Railroad Company, LLC | Initial Infrastructure | Hugo | $300,000 | $150,000 |
| Hooterville Transport, LLC | Kiamichi Economic Development District of Oklahoma | Initial Infrastructure | Antlers | $3,602,969 | $1,801,484 |
Commerce has allocated a total of $12,000,000 SIDE Act tax credits for fourteen projects from the program’s first year. SIDE Act tax credits will help facilitate $72,787,449.50 in capital expenditures. These businesses plan to create approximately 254 new jobs associated with these projects.
*Pending the selection and approval of an eligible entity meeting program requirements
*Pending selection and approval of an eligible entity or affiliate meeting program requirements.
Call us today at 800-588-5959 and we’ll get started on a cost/benefit analysis for your business. After your preliminary assessment, we can assist you with the application process.
Disclaimer
The materials contained on this website have been prepared by the Oklahoma Department of Commerce for informational purposes only and do not constitute legal or tax advice. This information is subject to change based on judicial interpretation and legislative action. The application of the information is subject to your unique facts and circumstances. YOU SHOULD NOT ACT UPON ANY INFORMATION CONTAINED IN THESE MATERIALS WITHOUT SEEKING YOUR OWN PROFESSIONAL LEGAL AND TAX ADVICE.
Your Research & Economic Analysis Services Team
Let us know if you need more information or specific data for site selection or other economic services.
Jon Chiappe
