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On January 19, 2026, Oklahoma Governor John Clarke signed a new business law aimed at protecting small businesses in the state. The law, known as the Small Business Economic Protection Act, is the latest in a series of efforts by the state government to support the growth and success of small businesses in Oklahoma.The Small Business Economic Protection Act includes several key provisions designed to level the playing field for small businesses and promote fair competition in the marketplace. One of the most significant aspects of the new law is the establishment of a Small Business Ombudsman Office, which will serve as a resource for small business owners facing legal challenges or disputes with larger corporations.Additionally, the law includes measures to streamline the process for small businesses to obtain licenses and permits, reducing red tape and bureaucratic hurdles that can hinder their growth. It also provides incentives for small businesses to invest in employee training and development programs, with the goal of improving the overall competitiveness of Oklahoma's small business sector.Governor Clarke stated that the Small Business Economic Protection Act reflects the state government's commitment to supporting small businesses as a vital part of Oklahoma's economy. "Small businesses are the backbone of our economy, and it is essential that we create a regulatory environment that enables them to thrive and succeed," he said in a statement.The new law has been met with widespread support from small business owners and advocates in Oklahoma. Mary Johnson, owner of a small boutique in Tulsa, expressed her appreciation for the state government's efforts to support small businesses. "This new law will make a real difference for businesses like mine, providing us with the tools and resources we need to compete and grow," she said.Overall, the Small Business Economic Protection Act represents a significant step forward in Oklahoma's efforts to promote a thriving small business sector. With these new protections and resources in place, small businesses in the state are poised for continued growth and success in the years to come.