Bill > SB662

This bill expands the powers and responsibilities of the Oklahoma Workforce Commission (OWC) by authorizing it to implement several new programs aimed at addressing workforce development needs in the state. The bill establishes a new Oklahoma Workforce Commission Revolving Fund to support these initiatives, which will include developing programs for high-demand and critical occupations, creating work-based learning opportunities like internships and apprenticeships, and supporting innovation within public schools. Specifically, the OWC will be empowered to identify workforce needs, partner with higher education institutions to develop targeted programs, facilitate scholarship opportunities, support career exploration, and assist in developing career-connected high schools. The bill also grants the commission broader data collection and reporting capabilities, requiring state and local agencies to cooperate with information requests, and mandates the creation of a public dashboard to track workforce development efforts. Additionally, the commission is now tasked with making recommendations to the Legislature for improving workforce development programs and will work with a legislatively created map to make decisions about economic development and workforce needs. The new revolving fund will be financed through appropriations, donations, grants, and other funding sources, providing the commission with financial flexibility to execute its expanded mission.