Title 74, Title 74 — State Government

fund. Within thirty (30) days after the Oklahoma Science and Technology Research and Development Board or any subsidiary or affiliate of the Board has made payment of any remaining expense or obligation created by the Board or by the subsidiary or affiliate, pursuant to the terms…

None of the provisions of the Oklahoma Capital Formation Act shall alter, amend, modify, affect, diminish, or impair the enforceability of, or any obligation or liability of the Oklahoma Science and Technology Research and Development Board or any entity which is a subsidiary or …

Certification by Governor. A. Fundamental changes have occurred in national and international financial markets and in the financial markets of this state. Oklahoma needs to increase the availability of equity and near-equity capital for emerging, expanding and restructuring ente…

The mission of the Oklahoma Capital Investment Board shall be to mobilize equity and near-equity capital for investment in such a manner that will result in significant potential to create jobs and diversify and stabilize the economy of the State of Oklahoma. Added by Laws 1991, …

Distribution of plan. In order to fulfill its mission as mobilizer of equity and near- equity capital, the Oklahoma Capital Investment Board shall be subject to the policy development of Oklahoma Futures. The Oklahoma Capital Investment Board shall develop an annual business plan…

For purposes of the Oklahoma Capital Formation Act: 1. “Board” means the Oklahoma Science and Technology Research and Development Board of the Oklahoma Center for the Advancement of Science and Technology; 2. “Director” means any person who is a member of the Board; 3. “Equity ca…

Transfer to Oklahoma Center for the Advancement of Science and Technology. A. Until the effective date of this act, the Oklahoma Capital Investment Board shall consist of five (5) Directors who shall be appointed by the Governor with the advice and consent of the Senate. Director…

A. The State of Oklahoma hereby issues tax credits that may be used to reduce the tax liability of a person, firm or corporation if such liability is imposed pursuant to the provisions of Section 2355 of Title 68 of the Oklahoma Statutes or Section 624 of Title 36 of the Oklahoma…

A. Except as otherwise provided by subsections F and G of this section, the Oklahoma Science and Technology Research and Development Board shall have the power to solicit proposals from qualified investor groups for investment of capital in accordance with the requirements of the…

A. The Board shall publish a separate annual report in conjunction with its annual audit and present the report to the Governor, the Legislature and Oklahoma Futures. The annual report shall review the mission of the Board and programs implemented according to objective measures …

Economic Transformation and Effectiveness (COMPETE) Act. This act shall be known and may be cited as the “Creating Oklahoma’s Modern Plan for Economic Transformation and Effectiveness (COMPETE) Act”. Added by Laws 2024, c. 377, § 1, emerg. eff. June 5, 2024.

Duties — Membership. A. There is hereby created within the Legislature the Legislative Evaluation and Development Committee. The Legislative Evaluation and Development Committee shall review financing for individual incentive packages including, but not limited to, packages offer…

Qualifications — Terms. A. There is hereby created the Oklahoma Department of Commerce Board. The Board shall constitute an advisory oversight board and shall consist of nine (9) voting members, as follows: 1. Two members to be appointed by the President Pro Tempore of the Senate…

In addition to the other powers and duties prescribed by law, the Oklahoma Department of Commerce Board, as created in Section 4 of this act, shall: 1. Prescribe rules and policies for the transaction of its business and the control of the Oklahoma Department of Commerce; 2. Revi…

research expenditures — Eligibility. A. “Qualified research expenditures” means the amount of qualified research expenses claimed on line 9 or line 28 of federal Form 6765 (Rev. December 2023) or the relevant line number of federal Form 6765 in effect for the applicable tax year …

Sections 1 through 4 of this act shall be known as may be cited as the “Oklahoma Homeland Security Act”. Added by Laws 2004, c. 157, § 1, emerg. eff. April 26, 2004.

A. There is hereby created within the Department of Public Safety, the Office of Homeland Security. The Commissioner of Public Safety shall be the Homeland Security Advisor and shall possess or obtain federally recognized clearances as appropriate to perform the duties of the pos…

A. In addition to the powers and duties as defined elsewhere in statute, the Office of Homeland Security has the duty and responsibility for interoperable public safety communications planning within this state. As part of this duty the Office of Homeland Security shall: 1. Annua…

A. There is hereby created in the State Treasury a revolving fund for the Office of Homeland Security to be designated the “Oklahoma Homeland Security Revolving Fund”. The Oklahoma Homeland Security Revolving Fund shall be a continuing fund, not subject to fiscal year limitations…

Contingent upon the availability of designated funding from the United States Department of Homeland Security or state appropriations, the Office of Homeland Security shall make grant monies available to: 1. Public schools, private schools, technology center schools and instituti…

A. This section shall be known and may be cited as the “Oklahoma School Security Grant Program Act”. B. The Office of Homeland Security shall solicit proposals for and make grants for the enhancement of campus security at institutions of higher learning, technology center schools…

A. There is hereby created in the State Treasury a revolving fund for the Office of Homeland Security to be designated the “Oklahoma School Security Revolving Fund”. The Oklahoma School Security Revolving Fund shall be a continuing fund, not subject to fiscal year limitations, an…

A. The Office of Homeland Security shall designate a function of its agency as the “Oklahoma School Security Institute”. B. The Oklahoma School Security Institute shall act as the central repository for the public and private elementary and secondary schools of this state to cont…

A. There are hereby created regional planning and coordination advisory councils for homeland security. The Office of Homeland Security shall designate the geographical boundaries for each regional advisory council within the state. B. Each regional advisory council shall be comp…

expenses of members of the state military forces. A. This state shall establish a program to provide financial assistance for funeral expenses of members of the state military forces who died in the line of duty while serving on state active duty orders. For purposes of this sect…

A. Sections 1 through 3 of this act shall be known and may be cited as the “Local Development Financing Act”. B. The purpose of the Local Development Financing Act shall be to augment and enhance Section 6C of Article X of the Oklahoma Constitution by: 1. Assisting communities, e…

A pooling issuer is authorized to: 1. Issue a debt obligation which pools issuances of other public entities authorized by a municipality, town or county to issue tax apportionment or tax increment bonds, notes, or other forms of obligations pursuant to the Local Development Act;…

A. The primary activities of the pooling issuer may include: 1. Credit enhancement of local community development financing pursuant to the Local Development Act; 2. Utilization of private and public resources to improve the financing infrastructure for communities in this state;…

Infrastructure Act. This act shall be known and may be cited as the "Oklahoma Public and Private Facilities and Infrastructure Act". Added by Laws 2017, c. 251, § 1, eff. Nov. 1, 2017.

A. As used in the Oklahoma Public and Private Facilities and Infrastructure Act: 1. "Contract" means any purchase and sale agreement, lease, service agreement, franchise agreement, concession agreement or other written agreement entered into under the Oklahoma Public and Private …

The Oklahoma Public and Private Facilities and Infrastructure Act does not alter the eminent domain laws of this state or grant the power of eminent domain to any person who is not expressly granted that power under other state law. Added by Laws 2017, c. 251, § 3, eff. Nov. 1, 2…

Partnerhship - Scope of authority. A. The Partnership Committee shall have the ability to identify potential public-private partnerships, to review and endorse a short list of qualified bidders, to approve requests for proposals and to approve template contracts before they are s…

A. Selection of Projects. Any proposer or responsible state agency may submit to the Partnership Committee one or more proposals for partnership projects in connection with any public service. The Partnership Committee shall identify potential projects and public services for whi…

and deposit of money received under contracts - Value report to the House and Senate. A. Partnership contracts shall be signed by both the Director of the Office of Management and Enterprise Services (OMES) and the authorized representative of the responsible state agency for whi…

The exercise of the powers granted by this act will be for the benefit of the people of the state and shall be liberally construed to effect the purposes thereof. As the performance of public services will constitute the performance of essential government functions, any project …

Director's powers and duties. The Director of the Office of Management and Enterprise Services (OMES), in consultation with the responsible state agency, may retain or contract for the services of commercial appraisers, engineers, investment bankers, financial advisers, accountin…

Facilities and Infrastructure Act. This act shall be known and may be cited as the "Oklahoma Local Public and Private Facilities and Infrastructure Act". Added by Laws 2017, c. 332, § 1, eff. Nov. 1, 2017. NOTE: Editorially renumbered from § 5151 of this title to avoid duplicatio…

As used in the Oklahoma Local Public and Private Facilities and Infrastructure Act: 1. "Contract" means any purchase and sale agreement, lease or other written agreement entered into under this act with respect to the provision of a public project; 2. "Improvement" means any inst…

The Oklahoma Local Public and Private Facilities and Infrastructure Act does not alter the eminent domain laws of this state or grant the power of eminent domain to any person who is not expressly granted that power under other state law. Added by Laws 2017, c. 332, § 3, eff. Nov…

A responsible governmental entity may take any action and execute any Public-Private Partnership contract, authorized under this act, for the provision of a public purpose in order to more efficiently and effectively provide public services, including by generating additional res…

and conditions. A. The responsible governmental entity may prepare a request for proposal, which may include proposal stipends, and the proposed partnership contract, both of which shall be approved by the responsible governmental entity. After the responsible governmental entity…

received under contracts. A. Partnership contracts shall be signed by an assigned representative of the governmental entity for which the public project at issue in the contract relates. B. The responsible governmental entity is authorized to receive and deposit any money receive…

governmental entity's powers and duties. The responsible governmental entity may retain or contract for the services of commercial appraisers, engineers, investment bankers, financial advisers, accounting experts and other consultants, independent contractors or providers of prof…

A. This act shall be known and may be cited as the "Oklahoma Consumer Energy Choice Act". B. For the purposes of this act, "energy source" means any fuel or power source used to power an engine including but not limited to any of the following: aviation fuel, biofuel, compressed …

state agencies. A. For purposes of this section: 1. “Biotechnology company of concern” means an entity designated by the federal government to be under the control of a foreign adversary and that poses a risk to national security based on the company’s research of multiomic data …

members. A. There is hereby re-created the Oklahoma Strategic Military Planning Commission. B. The Oklahoma Strategic Military Planning Commission shall consist of nine (9) members as follows: 1. Five persons to be appointed by the Governor, each of whom shall represent, respecti…

direction, coordination and support – Reports. A. The purpose of the Oklahoma Strategic Military Planning Commission shall be to analyze state policies affecting military facilities currently in use by the United States Department of Defense and the Oklahoma Army and Air National…

Oklahoma Strategic Military Planning Commission Incentive Fund. A. The Legislature finds that the five military installations in this state, Tinker Air Force Base, Vance Air Force Base, Altus Air Force Base, Fort Sill Army Post and the McAlester Army Ammunition Plant, are vital t…

work - Payment - Disposition of proceeds. That any department of the state government or any state institution may contract with any other department of state government or institution having under its control the personal services, labor and equipment, machinery or other facilit…

with the state to certify they are not engaged in boycotts of Israel. A. The State of Oklahoma hereby declares that Israel is a prominent trading partner of the State of Oklahoma and that the state, and those companies that do business by and through the state, in the interest of…