Oklahoma 2024 2024 Regular Session

Oklahoma Senate Bill SB1535 Introduced / Bill

Filed 01/02/2024

                     
 
 
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STATE OF OKLAHOMA 
 
2nd Session of the 59th Legislature (2024) 
 
SENATE BILL 1535 	By: Burns 
 
 
 
 
 
AS INTRODUCED 
 
An Act relating to the Oklahoma Low Carbon Energy 
Initiative; amending 17 O.S. 2021, Section s 802.2 and 
802.3, as amended by Section s 1 and 2, Chapter 27, 
O.S.L. 2022 (17 O.S. Supp. 2023, Section s 802.2 and 
802.3), which relate to the duties of the Initiative 
and the Oklahoma Low Carbon Energy Initiative Board 
membership; modifying duties and membership of the 
Board; requiring electronic reporting; updating 
statutory reference; and providing an effective date . 
 
 
 
 
 
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: 
SECTION 1.     AMENDATORY     17 O.S. 2021, Section 802.2, as 
amended by Section 1, Chapter 27, O.S .L. 2022 (17 O.S. Supp. 2023, 
Section 802.2), is amended to read as follows: 
Section 802.2. A.  There is hereby created the Oklahoma Low 
Carbon Energy Initiative, referred to in Section 802.1 et seq. of 
this title as the Initiative, wh ich shall serve as a strategic 
program designed to create, advance, and promote new and existing 
energy research and development, use, supply chain activity, and 
infrastructure related to Oklahoma’s core energy competencies by:   
 
 
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1.  Promoting research and develop ment in the areas of 
conventional and unconventional oil and natural gas development and 
production, hydrogen production, storage, and distribution, CO2 
enhanced oil recovery, wind fo recasting, advanced b iofuels, energy 
storage, water management, nuclear energy, energy policy and 
economic analysis, energy system optimization, renewable energy 
integration into the electrical grid, and similar en ergy 
technologies; 
2.  Fostering communication and collaboration between state and 
federal governmental agencies, institutions of higher education, and 
private entities located throughout Oklahoma; 
3.  Advancing research an d development programs and growing 
production, supply chain activity, and infrastructure that provide 
benefits to all indust ries and regions of the state; 
4.  Streamlining research and development efforts between 
private and public industry to create synergistic relationships that 
coordinate, not duplicate, efforts; 
5.  Establishing Oklahoma as a regional resource and 
clearinghouse for transformative energy technologies in the areas of 
traditional energy, hydrogen production, storage, and distribution, 
and renewable resourc e research and development; 
6. Attracting best-in-class researchers to Oklahoma in 
competency areas alig ned with Oklahoma’s natural resource base;   
 
 
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7.  Coordinating with the Oklahoma Department of Commerce to 
enhance venture capital investment in energy -related research and 
business opportunities; and 
8.  Promoting seed funding that c an be leveraged against s tate, 
federal, and private-source funding to establish sufficient startup 
resources. 
B.  The Initiative may receive assistance from any state agency 
or public entity to implement the provisions of the Oklahoma Energy 
Initiative Act including, but not limi ted to, administrative 
assistance, staffing or legal counsel and provision of office space 
or equipment as necessary.  A ssistance agreements may be mad e by 
memorandums of understanding or as otherwise provided by law. 
SECTION 2.     AMENDATORY     17 O.S. 2021, Section 802.3, as 
amended by Section 2, Chapter 27, O.S.L. 2022 (17 O.S. Supp. 2023, 
Section 802.3), is amended to read as follows: 
Section 802.3. A.  The Oklahoma Low Carbon Energy Initiative 
shall be administered and gove rned by the Oklahoma Low Carbon Energy 
Initiative Board, made up of representatives of the contributing 
institutions and entities of the Initiative which shall include but 
not be limited to the University of Oklahoma, Oklahoma State 
University, and the University of Tulsa.  Additional contributing 
members may be added at the discretion of the Board, if they 
contribute to the purpose, objectives, and research coordinated by 
the Initiative.   
 
 
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B.  The Board shall consist of eleven (11) thirteen (13) members 
as follows: 
1.  One member, who shall serve as the ch air of the Board, sha ll 
be the Secretary of Energy and Environment or a me mber otherwise 
appointed by the Governor; 
2.  One member shall be the Vice Presid ent for Research from the 
University of Oklahoma or a member otherwise appoin ted by the 
President of the University of Oklahoma; 
3.  One member shall be the Vice President for Research from 
Oklahoma State University or a member otherwise appointed by the 
President of Oklahoma State University; 
4.  One member shall be the Vice Pr esident for Research and 
Economic Development from the University of Tulsa or a member 
otherwise appointed by the President of the University of Tulsa; 
5.  One member who shall represent the Oklahoma Department of 
Commerce, appointed by the Director of the Department of Commerce ; 
6. One member who shall represent the Department of Labor, 
appointed by the Commissioner of Labor; 
7.  One member who shall represent the Department of 
Environmental Quality, appointed by the Executive Director of the 
Department of Environmental Quality ; 
8. One member who shall represent the Corporation Commission, 
appointed by the Chair of the Commission;   
 
 
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9.  One member who shall represent the Department of 
Transportation, appointed by the Director of the Department of 
Transportation; 
10.  One member who shall represent the Oklahoma Water Resources 
Board, appointed by the Executive Dire ctor of the Oklahoma Water 
Resources Board; and 
11.  One member who shall represent the Oklahoma Center for the 
Advancement of Science and Technology, appointed by the Executive 
Director of the Center for the Advancement of Science and 
Technology; 
12.  One member, who shall represent a n electric utility or 
cooperative regulated by the Corporation Commission, appointed by 
the President Pro Te mpore of the Senate; and 
13.  One member, who shall represent the nuclear energy 
industry, appointed by the Speaker of the House of Repres entatives. 
C.  1.  The Board shall establish an Energy Industry Advi sory 
Council, appointed by the chair, for the purposes of providing 
industry expertise and knowledge, assisting the Board with annual 
report requirements, providing general recommendations , and other 
support as needed to advance the efforts of the Board. 
2. Members appointed to the Council shall serve at the pleasure 
of the chair of the Board. 
D. Board members shall se rve for a term of four (4) years, 
which shall begin on January 1 of t he first year of the appointment   
 
 
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and end on December 31 of the fourth year.  There shall be no limit 
to the number of consecutive terms serv ed.  If a vacancy should 
occur during a member’s term, the appointing authority for the 
vacant position shall appoin t a new member to fill the remainder of 
the unexpired term. Board members shall serve without compensation 
but may be eligible for necessary travel expenses pursuant to the 
State Travel Reimbursement Act. 
E. The Board shall be responsible for establishin g procedures 
for the Initiative and operations of the Board and the Advisory 
Council.  The rules may provide for protection from public 
disclosure of trade secrets and proprietary information of any kind 
including, but not limited to, data, processes and technology, as 
the Board determines necessary. 
F. The Board shall undertake activities and commission 
programs, through the contribu ting institutions and entities, to 
achieve the purpose and satisfy the objectives of the Ini tiative as 
provided in the Oklahoma Energy Initiative Act.  The Board shall 
have authority to distribute funding for such activities and 
programs.  The Board may employ staff as it deem s necessary. 
G.  The Board, in consultation with the Advisory Council and any 
other party deemed necessary, shall prepare submit and publish 
electronically an annual, written report to summarize t he annual 
progress of the Initiative including summaries of its programs and 
their progress and outcomes.  The repo rt shall be made ava ilable to   
 
 
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the public and shall be distributed electronically to the Governor, 
the President Pro Tempore of the Senate, and the Speaker of the 
House of Representatives. 
H.  The provisions of the Oklahoma Central Purchasing Act shall 
not apply to any project, activity or contract of the Init iative or 
the Board. 
I.  No Board member or any person acting on behalf of the Board , 
Advisory Council, or Initiative executing any contracts, commitments 
or agreements issued by or on behalf of the Oklahoma Low Carbon 
Energy Initiative shall be personally liable for the contracts, 
commitments, or agreements or be subject to any personal liability 
or accountability by reason thereof.  No director or any person 
acting on behalf of the Board or Initiative shall be personally 
liable for damage or injury resulting from the performance of duties 
hereunder. 
SECTION 3.  This act shall become effective November 1, 2024. 
 
59-2-2660 RD 1/2/2024 4:23:02 PM