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ENGROSSED SENATE
BILL NO. 487 By: Pugh of the Senate
and
Nollan of the House
An Act relating to the Oklahoma Science and
Technology Research and Development Board; amending
74 O.S. 2011, Section 5060.6 , which relates to board
of directors; modifying membership of board;
appointing chair; establishing length of term;
specifying quorum; and providing an effective date .
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. AMENDATORY 74 O.S. 2011, Section 5060.6, is
amended to read as follows:
Section 5060.6. A. The board of directors for the Oklahoma
Center for the Advancement of Science and Technology (OCAST) is
hereby reconstituted a s the Oklahoma Science and Technology Resear ch
(OSTRaD) and Development (OSTRaD) Board shall consist of eleven (11)
members and shall be comprised as follows:
1. The Director of the Oklahoma De partment of Commerce Two
members appointed by the Governor, with the advice and consent of
the Senate;
2. The Chancellor of the Oklahoma State Regents for Higher
Education Three members appointed by the President Pro Tempore of
the Senate;
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3. The president of the University of Oklahoma Three members
appointed by the Speaker of the House of Representatives ;
4. The president of Oklahoma State University;
5. The president of one of the regional universities in The
State System of Higher Education designated by the Chancellor ; Two
members appointed by the Chancellor of The State System of H igher
Education; and
6. The president of a private Oklahoma university classified by
the Carnegie Foundation as a national doctorate -granting institution
offering graduate engineering degrees to be appointed by the
Governor;
7. The Governor's appointed cabinet Secreta ry of Agriculture;
8. A member of the House of Representatives, who shall serve as
an ex officio nonvoting member, appointed by the Speaker of the
House of Representatives;
9. A member of the Sena te, who shall serve as an ex officio
nonvoting member, app ointed by the President Pro Tempore of the
Senate;
10. Two members, appointed by the Governor, who shall be
engineers or scientists with extensive experience in managing basic
or applied scientific or technological research at Oklahoma
institutions of higher education, who shall serve terms of four (4)
years; provided that, the two members who possess these
qualifications and are serving on the boar d of directors of the
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Center on July 1, 2002, shall fill these positions on the Oklahoma
Science and Technolo gy Research and Development Board for initial
terms to expire on June 30, 2003;
11. Five members appointed by the Governor who are or who have
served as chief executive officers or senior executive officers of
corporations engaged in information technolog y, biotechnology,
genetics, other emerging technologies, agriculture, oil and natural
gas, early stage high risk venture capital finance, other
significant Oklahoma industries, or Oklahoma industrie s that are
potentially significant to the state economy or who are or who have
served as chief executive officers or senior executive officers of a
private nonprofit organization or who are or who have ser ved as
chief executive officers or senior executive officers of foundations
with a history of supporting rese arch and development. Two members
appointed pursuant to this paragraph shall serve initial terms to
expire on June 30, 2005, and two shall serve i nitial terms to expire
on June 30, 2006. For the p osition for which the initial
appointment begins after Jul y 1, 2005, the initial term shall expire
on June 30, 2009;
12. Four members appointed by the Governor who represent small
business. One appointee shall serve an initial term to expire on
June 30, 2005, and one shall serve an initial term to expire on Jun e
30, 2006. For the two positions for which the initial appointments
begin after July 1, 2005, one appointee shall serve an initial term
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to expire on June 30, 2008, and one appointee shall serve an initial
term to expire on June 30, 2009;
13. One member appointed by the Governor who represents rural
Oklahoma. The initial appointee shall serve a term to expire on
June 30, 2004; and
14. Until June 30, 2004, or vacation of the offices, six
members who, before the effective date of this act, were appointed
by the Governor and who are serving on the board of directors of
OCAST on July 1, 2002. These positions on the Oklahoma Science and
Technology Research and Development Board shall cease to exist on
June 30, 2004, or when the position is vacated if the vac ancy occurs
prior to June 30, 2004. A member of the OCAST board who holds one
of these positions may be appointed to a position described in
paragraphs 9 through 12 of this subsection on the Oklaho ma Science
and Technology Research and Development Board i f the member meets
the qualifications for such position.
B. The two legislatively appointed members of the Board shall
be persons of demonstrated knowledge of and commitment to the
advancement of science and technology in Oklahoma and shall serve at
the pleasure of their respective appointing authority
5. The Secretary of Science and Innovation.
B. The Secretary of Science and Innovation shall serve a s
chair.
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C. In making appointments to the Oklahoma Science and
Technology Research and Development Board, a ppropriate consideration
shall be given to representation upon the Board by race, gender and
geographical area.
D. Gubernatorial appointees appoint ed after July 1, 2002, shall
serve four-year terms except for initial terms as provided in this
section. Terms shall expire on June 30. All gubernatorial
appointees shall be subject to confirmation by the Senate. Except
as otherwise provided in this sec tion, any vacancy in board
positions filled by appo intment of the Governor shall be filled for
the unexpired term in the same manner as the original appointment
With the exception of th e Secretary of Science and Innovation, all
members shall be appointed f or a term of (4) years.
E. The Board shall elect, annually, a chair who shall be from
the private sector mem bership of the Board. A vice-chair shall be
elected annually from among all the members of the Board. Persons
elected to the position of chair or vice-chair shall not serve more
than two consecutive terms in said position.
F. The Board shall meet at lea st once each calendar quarter and
at such other times:
1. Upon call of the chair;
2. Upon call of the chief executi ve officer of the Center or
the Institute; or
3. Upon written request of a major ity of the board members.
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G. F. A majority of the six voting members of the Board shall
constitute a quorum. A quorum of the Board shall be necessary to
transact business. All act ions of the board members shall be made
by a majority of the quorum presen t. A board member appointed
pursuant to paragraphs 3, 4, 5 or 6 of subsection A of this section
may send a predetermined designee as a representative to board
meetings who may participate with full voting privileges. All other
board members may send a pr edetermined designee as a representative
to board meetings who may vote; provided, the designee may vote at
no more than thirty percent (30%) of meetings during a fiscal year.
H. Members of the Board shall be entitled to compensation and
expenses as may be provided in the charter or bylaws of the Board .
G. The members of the Board shall not be subject to the dual -
office-holding prohibitions set forth in Section 6 of Title 51 of
the Oklahoma Statutes.
I. The Board shall establish an executive committee composed of
the chair, vice-chair, and three (3) additio nal voting members
chosen by the chair from among the remaining board members. The
executive committee, in intervals between board meetings, may
transact any board business that has been delegated to the executive
committee. A majority of the executive c ommittee shall be necessary
to transact business and all actions of the executive committee
shall be by a majority vote of the comm ittee.
SECTION 2. This act shall become effective No vember 1, 2021.
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Passed the Senate the 10th day of March, 2021.
Presiding Officer of the Senate
Passed the House of Representatives the ____ day of __________,
2021.
Presiding Officer of the House
of Representatives