Oklahoma legislation · 2026 Regular Session
Oklahoma SB663: Workforce Coordination Revolving Fund; transferring power of fund to the Oklahoma Workforce Commission. Emergency.
Status: Chaptered, May 28, 2025
What the bill says
An Act relating to the Workforce Coordination Revolving Fund; amending Section 3, Chapter 22, 2nd Extraordinary Session, O.S.L. 2022, as amended by Section 1, Chapter 437, O.S.L. 2024 (62 O.S. Supp. 2024, Section 255.4), which relates to the creation of the fund; transferring the fund to the Oklahoma Workforce Commission; amending sources of funds; declaring the funds appropriated; creating a purpose of the funds; limiting the purpose of the funds; requiring expenditures to meet certain federal guidelines; requiring expenditures to be approved by a working group; and declaring an emergency…
From the enrolled text, May 21, 2025:
An Act relating to the Workforce Coordination Revolving Fund; amending Section 3, Chapter 22, 2nd Extraordinary Session, O.S.L. 2022, as amended by Section 1, Chapter 437, O.S.L. 2024 (62 O.S. Supp. 2024, Section 255.4), which relates to the creation of the fund; transferring the fund to the Oklahoma Workforce Commission; amending sources of funds; declaring the funds appropriated; creating a purpose of the funds; limiting the purpose of the funds; requiring expenditures to meet certain federal guidelines; requiring expenditures to be approved by a working group; and declaring an emergency. SUBJECT: Oklahoma Workforce Commission SECTION 1. AMENDATORY Section 3, Chapter 22, 2nd Extraordinary Session, O.S.L. 2022, as amended by Section 1, Chapter 437, O.S.L. 2024 (62 O.S. Supp. 2024, Section 255.4), is amended to read as follows: A. There is hereby created in the State Treasury a revolving fund for the Oklahoma Department of Commerce Workforce Commission to be designated the "Workforce Coordination Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies directed for deposit by law from the Statewide Recovery Fund in Section 255 of Title 62 of the Oklahoma Statutes. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Commission for the purpose of creating …