Loading chat...
OK SB604
Bill
Status
2/7/2011
Primary Sponsor
Eddie Fields
Click for details
AI Summary
-
Creates the Oklahoma Business Resource Team within the Department of Commerce to facilitate business and economic development, consisting of directors from Commerce, Oklahoma Development Finance Authority, Career and Technology Education, higher education officials, Secretary of State, and an Executive Director
-
Executive Director appointed by Governor with Senate consent, serves at-will coterminous with Governor's term, with salary set by Commerce Director within ranges established by Office of Personnel Management
-
Establishes a single point of contact to assist businesses interested in relocating to, expanding in, or remaining in Oklahoma, including streamlined licensing/permitting and comprehensive incentive packages
-
Creates seven-member advisory committee appointed by Lieutenant Governor (who serves as ex officio nonvoting member) with representatives from OU, OSU, University of Tulsa, State Chamber of Commerce, State Bankers Association, and University Multi Spectral Laboratories
-
Advisory committee meets at least quarterly to review Governor's goals and advise the Team on methods to accomplish business development objectives; effective date November 1, 2012
Legislative Description
Business development; creating the Business Resource Team; authorizing hiring director; creating advisory committee. Codification. Effective date.
Business and Economic Development
Last Action
Referred to Appropriations
2/17/2011