ENGR. S. B. NO. 387 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. 387 By: Seifried of the Senate and Osburn of the House An Act relating to Oklahoma Center for the Advancement of Science and Technology; amending Section 1, Chapter 272, O.S.L. 2022 (74 O.S. Supp. 2024, Section 5060.44) , which relates to intern partnership for STEM Workforce Pipeline Program; modifying definition; updating statutory language; and providing an effective date . BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY Section 1, Chapter 272, O.S.L. 2022 (74 O.S. Supp. 2024, Section 5060.44), is amended to read as follows: Section 5060.44. A. As used in this section: 1. “Applicant organization ” means an Oklahoma-based entity that is a nonprofit research foun dation or private enterprise of special importance to the Oklahoma economy; and 2. “Eligible student” means an individual currently enrolled in a technology center school under the governance of the State Board of Career and Technology Education or an individual currently enrolled in an undergraduate or graduate program at an institution of higher education who is majoring in a science, technology, ENGR. S. B. NO. 387 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 engineering, and mathematics (STEM) based discipline including, but not limited to, natural sciences, compute r science, materials science, engineering, biomedical, biotechnical, data analytics, finance, mathematics, or a support area related to building successful Oklahoma high-tech companies. B. There is hereby created the Oklahoma Center for the Advancement of Science and Technology Intern Partnership for STEM Workforce Pipeline Program to be administered by the Oklahoma Center for the Advancement of Science and Technology under the governance of the Oklahoma Science and Technology Research and Development Board. C. The Oklahoma Center for the Advancement of Science and Technology may award competitive internship funds, through professional service contracts, to ap plicant organizations to hire qualified student interns to participate in innovative industry projects. D. To qualify for program internship funds, the applicant organization must provide: 1. Documentation verifying that not less than fifty percent (50%) of the total direct cost of the proposed project will be provided by sources other than the Oklah oma Center for the Advancement of Science and Technology and other state -appropriated money. Such sources may be in the form of salary, cash, nonstate ENGR. S. B. NO. 387 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 grant funds, and other sources of funding as defined by the Oklahoma Center for the Advancement of Scien ce and Technology; 2. A description of the potential commercial application of and the industrial sectors that will likely benefit from the project and the potential to enhance employment opportunities in Oklahoma; 3. An itemized research budget, timelin e, and research methodology; and 4. Any other information that may be required by the Board. E. The Board shall award professional service contracts after it determines the applicant organization: 1. Provides a beneficial and meaningful intern experienc e which includes exposure to real -world application of technology and innovation activities; 2. Involves projects leading to innovation, new knowledge, or technology that will benefit the applicant organization; 3. Has a reasonable probability to enhance employment opportunities within Oklahoma; 4. Is technically sound, will produce a measurable result, and will provide a positive impact to the applicant org anization; and 5. Does not involve market surveys or research activities that create fundamental or basic information which lack the potential for reasonably short-term commercialization. F. Based upon the information submitted by the applicant organization, external peer review, and such additional ENGR. S. B. NO. 387 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 investigation as the staff of the Center shall make , the Board may approve such professional service contracts after the Board finds that: 1. The proposed project is research that leads to innovation, new knowledge, or technology and is not training or technical assistance for business firms; 2. The project has a reasonable probability to enhance employment opportunities within the state; and 3. The project is technically sound and will produce a measurable result. G. The Oklahoma Center for the Advancement of Science and Technology shall promulgate rul es necessary to implement and administer the program authorized in this section. SECTION 2. This act shall become effective November 1, 2025. Passed the Senate the 10th day of March, 2025. Presiding Officer of the Senate Passed the House of Representatives the ____ day of __________, 2025. Presiding Officer of the House of Representatives