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Oklahoma Legislature· HB 2024Second Reading referred to Appropriations

An act relating to appropriations, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1                              STATE OF OKLAHOMA

2   1st Session of the 60th Legislature (2025)

3 HOUSE BILL 2024              By: Archer

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                               AS INTRODUCED

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    An Act relating to appropriations; creating the

8   Oklahoma Space Renaissance Act; making various

    appropriations to the Oklahoma Space Industry

9   Development Authority; setting appropriation amounts;

    providing for use of appropriations; providing for

10  noncodification; providing an effective date; and

    declaring an emergency.

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14 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

15  SECTION 1.        NEW LAW  A new section of law not to be

16 codified in the Oklahoma Statutes reads as follows:

17  This act shall be known and may be cited as the "Oklahoma Space

18 Renaissance Act".

19  SECTION 2. There is hereby appropriated to the Oklahoma Space

20 Industry Development Authority from any monies not otherwise

21 appropriated from the General Revenue Fund of the State Treasury for

22 the fiscal year ending June 30, 2026, the sum of One Million Three

23 Hundred Thousand Dollars ($1,300,000.00) or so much thereof as may

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    Req. No. 11132                                               Page 1
1 be necessary to perform the duties imposed upon the Oklahoma Space

2 Industry Development Authority by law.

3   SECTION 3. There is hereby appropriated to the Oklahoma Space

4 Industry Development Authority from any monies not otherwise

5 appropriated from the General Revenue Fund of the State Treasury for

6 the fiscal year ending June 30, 2026, the sum of Thirty-five Million

7 Dollars ($35,000,000.00) or so much thereof as may be necessary to

8 accomplish infrastructure investments at the Oklahoma Air and Space

9 Port to support testing and launching of spacecraft and for science,

10 technology, engineering, and math (STEM) engagement activities.

11  SECTION 4. There is hereby appropriated to the Oklahoma Space

12 Industry Development Authority from any monies not otherwise

13 appropriated from the General Revenue Fund of the State Treasury for

14 the fiscal year ending June 30, 2026, the sum of Fifteen Million

15 Dollars ($15,000,000.00) or so much thereof as may be necessary to

16 accomplish infrastructure and programmatic investments in a

17 microgravity research consortium focused on applied science for

18 commercialization activities at the Oklahoma City Innovation

19 District in partnership with Oklahoma-based independent research

20 institutes.

21  SECTION 5. This act shall become effective July 1, 2025.

22  SECTION 6. It being immediately necessary for the preservation

23 of the public peace, health or safety, an emergency is hereby

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    Req. No. 11132                                                  Page 2
1 declared to exist, by reason whereof this act shall take effect and

2 be in full force from and after its passage and approval.

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4   60-1-11132      JBH  01/15/25

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    Req. No. 11132                                           Page 3
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