SENATE FLOOR VERSION - SB275 SFLR Page 1 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SENATE FLOOR VERSION March 4, 2025 COMMITTEE SUBSTITUTE FOR SENATE BILL NO. 275 By: Kirt of the Senate and Pae of the House [ housing - Commission - promulgation of rules - expansion of affordable housing - recommendations - codification - 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 2904 of Title 74, unless there is created a duplication in numberin g, reads as follows: A. There is hereby created on January 1, 2026, to continue until December 30, 2035, the Oklahoma Workforce Housing Commission. The Commission shall be composed of fifteen (15) members. The members shall serve as follows: 1. Five members shall be appointed by the Governor: a. one shall be a person living in an urban area with a population more than seventy-five thousand (75,000) SENATE FLOOR VERSION - SB275 SFLR Page 2 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 persons according to the latest Federal Decennial Census, b. one shall be a person living in a rural commu nity in a county with a population less than seventy -five thousand (75,000) persons according to the latest Federal Decennial Census, c. one shall be an official serving in a city, town, or political subdivision in a county with a population less than seventy-five thousand (75,000) persons according to the latest Federal Decennial Census, d. one shall represent an organization that assists special populations, including, but not limited to, the elderly, the disabled, veterans, and children transitioning out of foster care, in obtaining affordable housing, and e. one shall represent an Oklahoma rural housing authority; 2. Five members shall be appointed by the President Pro Tempore of the Senate: a. one shall be a Senator from the majority party who shall serve as co-chair of the Commission, b. one shall be a Senator from the minority party who shall serve as co-vice chair of the Commission, SENATE FLOOR VERSION - SB275 SFLR Page 3 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 c. one shall represent a low -income and moderate-to-low- income population-serving financial institution or a community development financial institution, as defined by the Federal Reserve, d. one shall be an official serving in a municipality with a population more than seventy-five thousand (75,000) persons according to the latest Federal Decennial Census, and e. one shall represent an urban housing authority; 3. Five members shall be appointed by the Speaker of the House of Representatives: a. one shall be a Representative from the majority party who shall serve as co -chair of the Commission, b. one shall be a Representa tive from the minority party who shall serve as co -vice chair of the Commission, c. one shall represent a federally recognized tribe in Oklahoma that develops housing in rural areas, d. one shall be a representative from a community housing development organization, and e. one shall represent a not -for-profit organization that serves low-income Oklahomans experiencing difficulty in obtaining affordable housing; and 4. The following shall be ex officio members: SENATE FLOOR VERSION - SB275 SFLR Page 4 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 a. a representative from the Oklahoma Housing Finance Agency representing statewide housing programs, b. an Oklahoma representative of the United States Department of Agriculture, and c. the Chief Executive Officer of the Oklahoma Workforce Commission, or his or her designee. B. Eight members shall c onstitute a quorum, and the vote of the majority of members present shall be necessary for any action to be taken by the Commission. C. For the initial appointments of members to the Commission, each appointment shall be for a two -year term. Thereafter, the terms of the Commission shall be for three (3) years. D. No member of the Commission shall receive a salary or reimbursement for duties performed as a member of the Commission. E. The Commission shall serve as the primary coordinating body for addressing the needs of workers at all income levels by advancing suitable housing in the state to facilitate community economic growth. F. The meetings of the Commission shall be subject to the Oklahoma Open Meeting Act and the Oklahoma Open Records Act. SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 2904. 1 of Title 74, unless there is created a duplication in numbering, reads as follows: SENATE FLOOR VERSION - SB275 SFLR Page 5 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 The Oklahoma Workforce Commission shall promulgate rules relating to: 1. An initial comprehensive Oklahoma workforce housing environmental scan and needs assessment; 2. A comprehensive Oklahoma housing annual report and action plan to be submitted electronically to the Governor and the Legislature and made available on the Commission website; 3. A state plan for long -term expansion of workforce and affordable housing across the state; 4. A review of the implementation and outcomes of the investment in the Oklahoma Housing Stability Program created in Section 2903 et seq. of Title 74 of the Oklahoma Statutes; 5. An evaluation to make recommendations to the Legislature on policies and incentives to increase the development, inventory, and diversification of housing stock to meet demand for economic development across the state; and 6. Any other rules necessary to carry out the purpose and mission of the Oklahoma Workforce Housing Commission pursuant to Section 1 of this act. SECTION 3. This act shall become effective November 1, 2025. COMMITTEE REPORT BY: COMMITTEE ON ECONOMIC DEVELOPMENT, WORKFORCE AND TOURISM March 4, 2025 - DO PASS AS AMENDED BY CS