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Bill > SB1358
OK SB1358
OK SB1358Workforce development; creating the Workforce Development Revolving Fund; providing purpose; making an appropriation. Effective date.
summary
Introduced
02/05/2024
02/05/2024
In Committee
03/25/2024
03/25/2024
Crossed Over
03/13/2024
03/13/2024
Passed
Dead
05/31/2024
05/31/2024
Introduced Session
2024 Regular Session
Bill Summary
workforce development - Revolving Fund - workforce needs - codification
AI Summary
This bill establishes the Workforce Development Revolving Fund, a continuing fund in the Oklahoma State Treasury, to be used by the Oklahoma Workforce Commission to increase the number of degrees, licenses, certificates, and other credentials granted to fulfill identified workforce needs in the state. The bill appropriates $100 million from the General Revenue Fund for this purpose. It also amends existing law to give the Oklahoma Workforce Commission additional powers, duties, and responsibilities related to workforce development, including administering the new Workforce Development Revolving Fund, collecting and reporting workforce data, and making recommendations to the legislature to improve workforce development programs in the state.
Committee Categories
Budget and Finance, Education
Sponsors (2)
Last Action
Second Reading referred to Appropriations and Budget (on 03/25/2024)
Official Document
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