ENGR. H. B. NO. 4196 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 ENGROSSED HOUSE BILL NO. 4196 By: Echols and Nollan of the House and Pugh of the Senate An Act relating to higher education; enacting the Needed Oklahoma Workers Act; creating a r evolving fund; designating funds for certain degree programs; directing the Oklahoma State Regents for Higher Education to administer the funds; providing for codification; and providing an effective date . BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3235.1 of Title 70, unless there is created a duplication in numbering, reads as follows: This act shall be known and may be ci ted as the "Needed Oklahoma Workers Act". SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3235.2 of Title 70, unless there is created a duplication in numbering, reads as follows: There is hereby created in the State Treas ury a revolving fund for the Oklahoma State Regent s for Higher Education to be designated the "Needed Oklahoma Workers Fund". The fund shall be a continuing ENGR. H. B. NO. 4196 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 fund, not subject to fiscal year limitations, and shall consist o f monies received by the Oklahoma State Regents for Higher Education from state appropriations for the purpose of this fund. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the State Regents for the purpose of operating the Needed Oklahoma Workers Fund. SECTION 3. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3235.3 of Title 70, unless there is created a duplication in numbering, reads as fol lows: Universities within The Oklahoma State System of Higher Education shall receive one-third (1/3) of the monies within the Needed Oklahoma Workers Fund for nursing students. The money shall be divided amongst the universities on a per enrolled nursi ng student basis. SECTION 4. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3235.4 of Title 70, unless there is created a duplication in numbering, reads as follows: Universities within The Oklahoma State System of Higher Education shall receive one-third (1/3) of the monies within the Needed Oklahoma Workers Fund for engineering students. The money shall be divided amongst the universities on a per enrolled engineering student basis. ENGR. H. B. NO. 4196 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 SECTION 5. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3235.5 of Title 70, unless there is created a duplication in numbering, reads as follows: Universities within The Oklahoma State System of Higher Education shall receive one-third (1/3) of the monies within the Needed Oklahoma Workers Fund for computer science degrees . The money shall be divided amongst the universities on a per enrolled computer science student basis. SECTION 6. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3235.6 of Title 70, unless there is created a duplication in numbering, reads as follows: The Oklahoma State Regents for Higher Education shall implement policies and procedures for the administrat ion of this act. SECTION 7. This act shall become effective November 1, 2022. Passed the House of Representatives the 14th day of March, 2022. Presiding Officer of the House of Representatives Passed the Senate the ___ day of __________, 2022. Presiding Officer of the Se nate