ENGR. S. B. NO. 1358 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 SENATE BILL NO. 1358 By: Pugh of the Senate and Moore of the House [ workforce development - Revolving Fund - workforce needs - codification ] 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 905 of Title 40, unless there is created a duplication in numbering, reads as follows: A. There is hereby created in the State Treasury a revolving fund for the Oklahoma Workforce Commission to be designated the “Workforce Development Revolving Fund ”. The fund shall be a continuing fund, not subject to fiscal year limitations, and sha ll consist of all monies received by the Oklahoma Workforce Commission from state appropriati ons provided for the purpose of increasing the number of degrees, licenses, certificates, and other credentials granted to fulfill workforce needs identified pursuant to subsection B of this section. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the Oklahoma Workforce Commission for the purpose provided for in this subsection. Expenditures from the fund s hall be made upon warrants ENGR. S. B. NO. 1358 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 issued by the State Treasurer against claims filed as prescribed b y law with the Director of the Office of Management and Enterprise Services for approval and payment. B. The Oklahoma Workforce Commission shall identify workforce needs in critical occupation areas that are in high demand and are projected to have positi ve future growth. SECTION 2. There is hereby appropriated to the Workforce Development Revolving Fund created pursuant to Section 1 of this act from any monies not otherwise appropriated from the General Revenue Fund of the State Treasury for the fiscal year ending June 30, 2023, the sum of One Hundred Million Dollars ($ 100,000,000.00) or so much thereof as may be necessary for the purpose provided for in Section 1 of this act. SECTION 3. AMENDATORY Section 5, Chapte r 361, O.S.L. 2023 (40 O.S. Supp. 2023, Section 904), is amended to read as follows: Section 904. The Oklahoma Workforce Commission shall have the following powers, duties, and responsibilities: 1. To administer the provisions of this act the Oklahoma Workforce Transformation Act or any duty as directed by statute; 2. To establish an office for the Commission within this state; 3. To elect whatever other officers may be necessary to direct operations of the Commission; ENGR. S. B. NO. 1358 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 4. To employ or contract for pers onnel and administrative support as the Commission deems appropriate to carry out the purpose and provisions of this act the Oklahoma Workforce Transformation Act, including but not limited to a nonprofit corporation to carry out the Commission’s objective s, an Executive Director or other chief executive officer and any other employees or contractors the Commission deems appropriate, and to prescribe their duties and fix their compensation; 5. To administer the Workforce Coordination Revolving Fund created in Section 255.4 of Title 62 of the Oklahoma Statutes and the Workforce Development Revolving Fund created in Section 1 of this act; 6. To approve or disapprove the budget of the Commission; 7. To promulgate rules to carry out the provisions of this act the Oklahoma Workforce Transformation Act ; 8. To enter into contracts or agreements for studies, professional services, grant administration and procurement, research projects, supplies, or any other services the Commission deems necessary to carry out i ts purpose, and to incur those expenses necessary to carry out those purposes; 9. To cooperate with any private, local, state, or national commission, organizatio n, agency, or group and to make contracts and agreements for joint programs beneficial to Okl ahoma’s workforce development efforts; ENGR. S. B. NO. 1358 Page 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 10. To accept donations, grants, contributions, and gifts from any public or private source and deposit such in the Workforce Coordination Revolving Fund, created in Section 255.4 of Title 62 of the Oklahoma Statutes ; 11. To oversee and direct to the extent permitted by law the activities and administration of the Governor’s Council for Workforce and Economic Development, inc luding but not limited to the creation and submission of state plans to the federal governmen t pursuant to the provisions of the federal Workforce Innovation and Opportunity Act; 12. To collect data from federal, state, and local agencies, departments, educational institutions, boards, commissions, or any other entities including, but not limited to: a. number of participants in workforce development programming, b. cost per participant, c. wages before and after participation in programs, d. degree or certificate conferred on each participant, e. number of jobs open needing degrees or certificate s, f. labor force and economic information, and g. any other information the Commission deems appropriate to guide funding decisions, facilitate its work or the work of workforce development entities in the state, ENGR. S. B. NO. 1358 Page 5 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 or to understand the impact of the state’s workforce efforts and programming; 13. To create and maintain a public dashboard and create reports with data concerning workforce development efforts in the state. All state and local agencies, departments, educational institutions, boards, commissions , and other public entities shall cooperate with information and data requests from the Commission or its designees. It is the intent of the Legislature that the Oklahoma Workforce Commission serve as the centralized data and information repository for wo rkforce development activities for the state; and 14. To make recommendations to the Legislature to improve workforce development programs in the state. Passed the Senate the 12th day of March, 2024. Presiding Officer of the Senate Passed the House of Representatives the ____ day of __________, 2024. Presiding Officer of the House of Representatives