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Bill > SB1670
OK SB1670
OK SB1670Higher education; directing certain model policy established by the Oklahoma State Regents for Higher Education to include certain tiered system of ownership. Effective date. Emergency.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to higher education; amending 70 O.S. 2021, Section 3206.3, which relates to research and development at institutions of higher education; directing certain policy established by the Oklahoma State Regents for Higher Education to include certain tiered system of ownership and require certain compensation; adding area of encouragement for certain development; requiring certain policies to be reviewed with certain frequency; updating statutory language; providing an effective date; and declaring an emergency.
AI Summary
This bill directs the Oklahoma State Regents for Higher Education to establish a model policy for institutions within the state's higher education system concerning research and development partnerships with private businesses. Key provisions include requiring this policy to incorporate a tiered system for ownership of technology developed, based on the revenue generated, and ensuring that inventors or discoverers are compensated competitively compared to similar institutions. The bill also expands the areas of technology development that institutions are encouraged to pursue, adding aerospace and autonomous systems to existing categories like medical technology and biotechnology, and mandates that any established policies be reviewed every seven years to ensure they remain competitive. The bill will take effect on July 1, 2026, and is declared an emergency measure.
Committee Categories
Transportation and Infrastructure
Sponsors (2)
Last Action
Placed on General Order (on 02/24/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1670&Session=2600 |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20FLR/SFLR/SB1670%20SFLR.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/SB/SB1670%20INT.PDF |
| Fiscal Note/Analysis - Senate: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB1670%20INT%20BILLSUM.PDF |
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