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OK HB2026
Bill
Status
3/6/2025
Primary Sponsor
Nick Archer
Click for details
AI Summary
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Expands the Oklahoma Aircraft Engine Testing Development Grant Program to include rocket engine testing, renaming it the "Oklahoma Aircraft and Rocket Engine Testing Development Grant Program"
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Adds "space propulsion industry" to the industries the grant program aims to enhance, alongside existing aviation and aerospace sectors
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Renames the associated revolving fund to the "Oklahoma Aircraft and Rocket Engine Testing Development Grant Program Revolving Fund"
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Requires grant applicants to provide at least 40% matching funds, demonstrate industry support, and submit project proposals including timeline and budget
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Effective date of July 1, 2025, with an emergency clause allowing immediate effect upon passage and approval
Legislative Description
Aeronautics technology; Aircraft Engine Testing Development Grant Program; expanding purpose of certain grant program; effective date; emergency.
Last Action
Second Reading referred to Aeronautics and Transportation
4/1/2025