State government; creating certain revolving fund; creating the Oklahoma Talent Recruitment Program; specifying certain eligibility requirements. Effective date. Emergency.
Remove Representative Caldwell (Trey) as principal House author and substitute with Representative Lawson
Summary
The bill establishes the Oklahoma Talent Attraction and Relocation Revolving Fund and a matching program run by the Department of Commerce. Cities, counties and qualifying nonprofits can apply for up to $250,000 to fund recruitment plans that bring in households earning at least $55,000 from outside the state. Grants are split into two payments and require detailed reporting and repayment if goals aren’t met.
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