Workforce recruitment; Oklahoma Talent Attraction and Relocation Act; Oklahoma Department of Commerce; grants; Oklahoma Talent Attraction and Relocation Revolving Fund; codification; effective date.
Third Reading, Measure failed: Ayes: 11 Nays: 84
Summary
The bill would let the Oklahoma Department of Commerce award up to $250,000 per municipality each year to fund programs that encourage families from other states to move to Oklahoma. Eligible applicants—cities, towns, counties or nonprofit development groups—must contribute at least 20% of program costs and meet household relocation goals, while households must earn at least $55,000 and be living outside the state. A revolving fund in the State Treasury would provide the money, and grant recipients would have to report results regularly.
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