Business, political and economic leaders gathered at the Oklahoma State Capitol to celebrate the passage of two corresponding new laws that seek to revitalize the state's economic development by maximizing business recruitment and retention efforts.
Two complimentary bills that aim to revitalize the state's economic development effort by focusing on business recruitment and retention are on Gov. Kevin Stitt's desk, awaiting his signature.
Oklahoma House of Representatives Speaker Charles McCall spoke positively about bills that aim to grow the state's workforce through expanding high school graduation requirements and enacting childcare reform, as well as legislation that sets out to restructure the Oklahoma Department of Commerce.
The Oklahoma House of Representatives passed a bill that removes the Oklahoma Department of Commerce (ODOC) from serving as the state's liaison agency for economic development and business recruitment, focusing the agency on the needs of local businesses and communities.
A bill that creates a new state government entity solely dedicated to growing Oklahoma's economy, recruiting companies to expand into the state and retaining businesses that are already here succeeded in the Oklahoma Senate.
A bill that aims to revolutionize economic development and business retention and recruitment in Oklahoma overcame its first legislative hurdle on Monday.
