Oklahoma House Bill HCR1011

Oklahoma 2022 Regular Session

• Introduced: 5/17/21
• Engrossed: 5/19/21
• Enrolled: 5/26/21
• Passed: 5/26/21

Caption

Concurrent Resolution; oil and gas industry.

Impact

This resolution impacts the state's contracting and procurement procedures by establishing a requirement that companies must certify they are not boycotting the oil and gas industry if they wish to conduct business with the state. The implication is that any policies adopted by the state that seemingly promote a boycott against this industry will be prohibited. This signifies a protective stance by the state towards its key economic sectors and aims to mitigate any negative perceptions or actions towards the oil and gas industry.

Summary

HCR1011 is a Concurrent Resolution focusing on the oil and gas industry, which is recognized as being a cornerstone of Oklahoma's economy. The resolution declares the importance of the industry and puts forth a stipulation that companies engaging with the state must not participate in boycott actions against the oil and gas sector. The resolution reflects the state's commitment to supporting this industry, highlighting its significance in the overall economic framework of Oklahoma.

Sentiment

The sentiment around HCR1011 is largely supportive among legislators who recognize the economic benefits of a strong oil and gas sector. Proponents argue that it safeguards jobs and economic stability within the state, while also ensuring that the government supports its traditional industries. There may be criticisms from those who see such resolutions as potentially infringing on corporate free speech or dissent regarding environmental practices, but these voices seem less influential in the current legislative climate.

Contention

Notable points of contention include the potential perception of this resolution as an infringement on the rights of companies to express opposition or advocate for more environmentally friendly practices. Critics may argue that mandating the non-boycott clause could deter companies that are interested in aligning their operations with sustainability goals. However, supporters contend that the resolution is a necessary measure to promote economic viability and protect a critical industry, thus framing the debate within the broader context of economic growth versus corporate governance.