OK SB663

Transfers the Workforce Coordination Revolving Fund from the Oklahoma Department of Commerce to the Oklahoma Workforce Commission.

Fund receives money from the Statewide Recovery Fund and may be used for creating a workforce data integration system, providing grants for critical workforce needs, and administering these projects.

Prohibits fund expenditures that violate American Rescue Plan Act of 2021 (Public Law 117-2) federal guidelines or that deviate from policies enacted by the Education and Economic Development Working Group within the Joint Committee on Pandemic Relief Funding.

Designates any funds remaining in the revolving fund as of July 1, 2024, as obligated by the Oklahoma Legislature for workforce development initiatives.

Declares an emergency, making the act effective immediately upon passage and approval.