Req. No. 8856 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 2nd Session of the 58th Legislature (2022) HOUSE BILL 3099 By: Hilbert AS INTRODUCED An Act relating to higher education; ena cting the Jobs for Oklahoma's Brightest Students Act; creating a revolving fund for the Oklahoma State Regents for Higher Education; directing funds be given to universities per engineering stud ent; directing that funds be given to universities for teacher training programs; directing that funds be given to universities per nursing student enrolled; granting the Oklahoma State Regents for Higher Education authority to promulgate ru les; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE O F OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3231.1 of Title 70, unless there is created a duplication in numbering, reads as follows: This act shall be known and may be cite d as the "Jobs for Oklahoma's Brightest Students Act ". SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3231.2 of Title 70, unless there is created a duplication in numbering, reads as follo ws: Req. No. 8856 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 There is hereby created in the State Treasury a revolvin g fund for the Oklahoma State Regents for Higher Education to be designated the "Jobs for Oklahoma's Brightest Students Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of monies received by the Oklahoma State Regents for Higher Education from state appropriations for the purpose of this fund. All monies accruing to the cre dit of the fund are hereby appropriated and may be budgeted an d expended by the State Regents for the purpose of operating the Jobs for Oklahoma's Brightest Students Revolving Fund. SECTION 3. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3231.3 of Title 70, unless there is created a duplication in numbering, reads as follows: A. Universities in the State of Oklahoma shall receive fifty percent (50%) of the Jobs for Oklahoma's Brightest Students Revolving Fund per first-year engineering student enrolled. B. Universities shall not continue to receive funding until after three (3) years, unless the number of engineering graduates at that university increases by twenty percent (20%). SECTION 4. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3231.4 of Title 70, unless there is created a duplication in numbering, reads as follows: Universities in the State of Oklahoma shall receive ten percent (10%) of the Jobs for Oklahoma's Brightest Students Revolving Fund Req. No. 8856 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 for teacher training programs. Fifty percent (50%) of the funding must be dedicated to online and other outreach type programs to educate alternative- and emergency-certified teachers. SECTION 5. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3231.5 of Title 70, unless there is created a duplication in numbering, reads as follows: Universities in the State of Oklahoma shall rec eive forty percent (40%) of the Jobs for Oklahoma's Brightest Students Revolving Fund based on a per nursing student enrolled , or based on anticipated students if expansion of a program is approved via the Joint American Rescue Plan Act (ARPA) Committee. SECTION 6. NEW LAW A new section of law to be codif ied in the Oklahoma Statutes as Section 3231.6 of Title 70, unless there is created a duplication in numbering, reads as follows: The Oklahoma State Regents for Higher Education shall be granted the authority to promulgate rules to administer the Jobs for Oklahoma's Brightest Students Revolving Fund. SECTION 7. This act shall become effective November 1, 2022. 58-2-8856 MJ 01/12/22