OklahomaSB 300Oklahoma 2026 Regular SessionSenate

Oklahoma Capital Investment Board; dissolving Board upon certain date; transferring certain contracts and management of certain investments to certain board. Effective date.

Sponsored By: Julia Kirt (Democratic)

Became Law

Senate Committee

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Oklahoma investment programs get new management

Beginning November 1, 2025, the law dissolves the Oklahoma Capital Investment Board. The Oklahoma Center for the Advancement of Science and Technology takes over contracts made by that board, its subsidiaries, or affiliates, and investments those contracts require. The Oklahoma Science and Technology Research and Development Board takes over the former board’s duties under the capital formation program. Money entering the Capital Formation Revolving Fund is set aside for the Center to perform those duties and run programs, with the new board’s approval. The Center replaces the Department of Commerce as the fund’s spending agency; the law specifies no dollar amount or direct household payment.

Sponsors & Cosponsors

Sponsor

  • Julia Kirt

    Democratic • Senate

Cosponsors

  • Tammy Townley

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 160 • No: 2

House vote • 5/1/2025

THIRD READING

Yes: 82 • No: 1

House vote • 4/15/2025

DO PASS

Yes: 15 • No: 0

House vote • 4/8/2025

DO PASS

Yes: 7 • No: 0

Senate vote • 3/10/2025

THIRD READING

Yes: 46 • No: 0

Senate vote • 2/10/2025

Committee vote: Finance

Yes: 10 • No: 1

Bill Text

  • Enrolled (final version)

    5/5/2025

  • Floor (House)

    4/21/2025

  • House Committee Report

    4/15/2025

  • House Policy Committee Report

    4/8/2025

  • Engrossed

    3/11/2025

  • Floor (Senate)

    2/11/2025

  • Senate Committee Report

    2/10/2025

  • Introduced

    12/30/2024

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