Career technology; creating Career Technology Business Partnership Pool; obligations; proceeds; definitions; fund; effective date.

Summary

The bill authorizes the Oklahoma Development Finance Authority to issue bonds that fund a new Career Technology Business Partnership Pool, limited to $50 million. The pool’s proceeds can be used to finance projects that link eligible career‑technology districts with employers for state‑wide economic development. Bonds may be issued tax‑exempt if federal private‑activity bond rules allow it.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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