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OK SB135
Bill
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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Broadens the program's purpose to support space propulsion industry development alongside aviation and aerospace industries
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Requires grant applicants to provide a minimum 40% matching funds, industry support documentation, and project proposals including background, timeline, and budget
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Public, private, and nonprofit entities with sufficient financial and management capacity are eligible for one-time grant awards administered by the Oklahoma Department of Aerospace and Aeronautics
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Effective date of July 1, 2025, with an emergency clause for immediate effect upon passage and approval
Legislative Description
Aeronautics technology; modifying Oklahoma Aircraft Engine Testing Development Grant Program; expanding purpose of certain program; depositing certain monies in certain fund. Effective date. Emergency.
Last Action
Becomes law without Governor's signature 05/12/2025
5/12/2025