OK HB3429

Creates the Career Technology Business Partnership Pool, allowing the Oklahoma Development Finance Authority to issue up to $50,000,000 in pooled obligations for career technology districts partnering with for-profit businesses on economic development projects

Obligations may be issued on a tax-exempt basis if federal private activity bond provisions permit; otherwise must be issued as taxable

Participating career technology districts must offer financial literacy as part of their course offerings and cannot have any outstanding indebtedness while utilizing the program

Program terminates June 30, 2032, after which no career technology district may utilize its provisions

Effective date: November 1, 2026