OK SB300

Oklahoma Capital Investment Board shall be dissolved on November 1, 2025, with all contracts, agreements, and fund management transferred to the Oklahoma Center for the Advancement of Science and Technology.

Redefines "Board" in the Oklahoma Capital Formation Act to mean the Science and Technology Research and Development Board of the Oklahoma Center for the Advancement of Science and Technology.

Transfers the Oklahoma Capital Formation Revolving Fund from the Oklahoma Department of Commerce to the Oklahoma Center for the Advancement of Science and Technology for administration of capital formation programs.

All existing contracts, guarantees, and investment obligations executed by the dissolved Board or its subsidiaries remain in full force and effect and must be honored by successor entities.

Updates statutory language throughout the Act to reflect gender-neutral terminology and references to the new organizational structure managing the capital formation program.