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OK SB1304

OK SB1304
Higher education; creating the Oklahoma Workforce Education Revolving Fund; providing eligibility for institutions of higher education. Effective date. Emergency.


summary

Introduced
02/05/2024
In Committee
02/06/2024
Crossed Over
Passed
Dead
05/31/2024

Introduced Session

2024 Regular Session

Bill Summary

An Act relating to higher education; creating the Oklahoma Workforce Education Revolving Fund; specifying source of fund; providing for expenditures; providing purpose of fund; directing the Oklahoma Department of Commerce to award funds to certain eligible institutions of higher education on certain basis; providing purpose of funds; providing eligibility criteria; allowing promulgation of rules; providing for codification; providing an effective date; and declaring an emergency.

AI Summary

This bill creates the Oklahoma Workforce Education Revolving Fund, a continuous fund administered by the Oklahoma Department of Commerce. The fund will be used to provide tuition assistance to students enrolling in or to expand course offerings in fields of study related to critical occupation areas identified by the Department. Institutions of higher education within the Oklahoma State System of Higher Education can apply for funding, but must attest that they have not engaged in certain diversity, equity, and inclusion practices. The bill also allows the Department of Commerce to promulgate rules to implement the provisions, and declares an emergency, with the bill taking effect on July 1, 2024.

Committee Categories

Education

Sponsors (2)

Last Action

Second Reading referred to Education Committee then to Appropriations Committee (on 02/06/2024)

bill text


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