OKLAHOMA CITY – During the 2022 legislative session, the Oklahoma Legislature passed and Governor Stitt signed the creation of the Oklahoma Rural Jobs Act. The Oklahoma Rural Jobs Act promotes greater access to capital for qualifying small businesses located in rural areas of the state. Through the program, rural funds, their affiliates or investors may earn a tax credit on the equity amount that they invest in a rural fund, which must then deploy as capital expenditures to provide financing for small businesses in rural Oklahoma.