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Oklahoma Legislature· SB 275Placed on General Order

An act relating to housing, the official text

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1                           STATE OF OKLAHOMA

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

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3 SENATE BILL 275           By: Kirt
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6                           AS INTRODUCED

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7   An Act relating to housing; defining terms; creating

7   the Oklahoma Workforce Housing Commission; providing

8   for membership; stating quorum; providing for

8   qualifications for Commission members; stating

9   appointment terms; allowing for certain

9   reimbursement; subjecting Commission to Oklahoma Open

10  Meeting Act; stating purpose; providing for

10  promulgation of rules by the Oklahoma Housing Finance

11  Agency; authorizing the Agency to implement certain

11  reports and plans for expansion of affordable

12  housing; requiring distribution and recommendations

12  from Agency to the Governor and Legislature; creating

13  the Oklahoma Workforce Housing Commission Revolving

13  Fund; stating purpose; establishing funding

14  procedures; providing for codification; and providing

14  an effective date.

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17 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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18  SECTION 1.     NEW LAW  A new section of law to be codified

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19 in the Oklahoma Statutes as Section 2904 of Title 74, unless there
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20 is created a duplication in numbering, reads as follows:
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21  As used in this act:

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22  1. "Extremely low-income household" means a household that has

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23 an income not in excess of thirty percent (30%) of the area median
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    Req. No. 221                                              Page 1
1 income, adjusted for the size of the household, as determined by the
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2 United States Department of Housing and Urban Development;
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3       2. "Very low-income household" means a household that has an

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4 income of more than thirty percent (30%) of the area median income
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5 but no more than fifty percent (50%) of the area median income,
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6 adjusted for the size of the household, as determined by the United
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7 States Department of Housing and Urban Development;
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8       3. "Low-income household" means a household that has an income

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9 of more than fifty percent (50%) of the area median income but no
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10 more than eighty percent (80%) of the area median income, adjusted
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11 for the size of the household, as determined by the United States
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12 Department of Housing and Urban Development;
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13      4. "Moderate-income household" means a household that has an

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14 income of more than eighty percent (80%) of the area median income
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15 but no more than one hundred twenty percent (120%) of the area
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16 median income, adjusted for the size of the household, as determined
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17 by the United States Department of Housing and Urban Development;
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18 and
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19      5. "Middle-income household" means a household that has an

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20 income of more than one hundred twenty percent (120%) of the area
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21 median income but no more than one hundred sixty percent (160%) of
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22 the area median income, adjusted for the size of the household, as
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23 determined by the United States Department of Housing and Urban
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24 Development.
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    Req. No. 221                                              Page 2
1   SECTION 2.    NEW LAW  A new section of law to be codified

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2 in the Oklahoma Statutes as Section 2904.1 of Title 74, unless there
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3 is created a duplication in numbering, reads as follows:
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4   A. There is hereby created until December 30, 2034, the

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5 Oklahoma Workforce Housing Commission. The Commission shall be
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6 composed of fifteen (15) members. The members shall serve as
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7 follows:
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8   1. Five members shall be appointed by the Governor:

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9           a. one shall be a person living in an urban area with a

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10                population more than one hundred thousand (100,000)

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11                persons according to the latest Federal Decennial

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12                Census,

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13          b. one shall be a person living in a rural community in a

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14                county with a population less than seventy-five

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15                thousand (75,000) persons according to the latest

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16                Federal Decennial Census,

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17          c. one shall be an official serving in a city, town, or

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18                political subdivision in a county with a population

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19                less than seventy-five thousand (75,000) persons

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20                according to the latest Federal Decennial Census,

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21          d. one shall represent an organization that assists

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22                special populations, including, but not limited to,

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23                the elderly, the disabled, veterans, and children

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    Req. No. 221                                            Page 3
1                 transitioning out of foster care, in obtaining

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2                 affordable housing, and

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3   e. one shall represent an Oklahoma rural housing

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4                 authority;

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5   2. Five members shall be appointed by the President Pro Tempore

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6 of the Senate:
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7   a. one shall be a Senator from the majority party who

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8                 shall serve as co-chair of the Commission,

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9   b. one shall be a Senator from the minority party who

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10                shall serve as co-vice chair of the Commission,

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11  c. one shall represent a low-income and moderate-to-low-

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12                income population-serving financial institution or a

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13                community development financial institution, as

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14                defined by the Federal Reserve,

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15  d. one shall be an official serving in a municipality

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16                with a population more than one hundred thousand

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17                (100,000) persons according to the latest Federal

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18                Decennial Census, and

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19  e. one shall represent an urban housing authority;

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20  3. Five members shall be appointed by the Speaker of the House

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21 of Representatives:
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22  a. one shall be a Representative from the majority party

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23                who shall serve as co-chair of the Commission,

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    Req. No. 221                                              Page 4
1   b. one shall be a Representative from the minority party

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2                 who shall serve as co-vice chair of the Commission,

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3   c. one shall represent a federally recognized tribe in

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4                 Oklahoma that provides affordable housing in rural

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5                 areas,

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6   d. one shall be a representative from a community housing

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7                 development organization, as determined by the United

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8                 States Department of Housing and Urban Development,

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9                 and

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10  e. one shall represent a not-for-profit organization that

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11                serves low-income Oklahomans experiencing difficulty

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12                in obtaining affordable housing; and

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13  4. The following shall be ex officio members:

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14  a. one shall be a representative from the Oklahoma

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15                Department of Commerce representing community

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16                development,

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17  b. one shall be an Oklahoma representative of the United

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18                States Department of Agriculture, and

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19  c. the Executive Director of the Oklahoma Housing Finance

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20                Agency, or his or her designee.

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21  B. For the initial appointments of members to the Commission,

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22 each appointment shall be for a two-year term. Thereafter, the
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23 terms of the Commission shall be for three (3) years.
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    Req. No. 221                                          Page 5
1   C. No member of the Commission shall receive a salary or

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2 reimbursement for duties performed as a member of the Commission;
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3 however, members may be eligible to receive travel reimbursement as
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4 provided in the State Travel Reimbursement Act.
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5   D. The meetings of the Commission shall be subject to the

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6 Oklahoma Open Meeting Act.
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7   E. The Commission shall utilize the resources available to

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8 address the needs of extremely low-income households, very low-
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9 income households, low-income households, moderate-income
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10 households, and middle-income households in order to promote a
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11 condition in which suitable housing is available to as many persons
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12 as possible pursuant to rules promulgated by the Oklahoma Housing
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13 Finance Agency pursuant to Section 3 of this act.
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14  SECTION 3.       NEW LAW  A new section of law to be codified

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15 in the Oklahoma Statutes as Section 2904.2 of Title 74, unless there
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16 is created a duplication in numbering, reads as follows:
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17  The Oklahoma Housing Finance Agency shall promulgate rules

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18 relating to:
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19  1. An initial comprehensive Oklahoma workforce housing

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20 environmental scan and needs assessment;
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21  2. A comprehensive Oklahoma affordable housing annual report

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22 and action plan to be submitted electronically to the Governor and
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23 the Legislature;
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    Req. No. 221                                             Page 6
1   3. A state plan for long-term expansion of workforce and

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2 affordable housing across the state;
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3   4. An update on the implementation and outcomes of the

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4 investment in the Oklahoma Housing Stability Program created in
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5 Section 2903 et seq. of Title 74 of the Oklahoma Statutes;
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6   5. An evaluation to make recommendations to the Legislature on

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7 policies and incentives to increase the development, inventory, and
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8 diversification of affordable housing; and
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9   6. Any other rules necessary to carry out the purpose and

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10 mission of the Oklahoma Workforce Housing Commission pursuant to
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11 Section 2 of this act.
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12  SECTION 4.        NEW LAW  A new section of law to be codified

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13 in the Oklahoma Statutes as Section 2904.3 of Title 74, unless there
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14 is created a duplication in numbering, reads as follows:
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15  A. There is hereby created in the State Treasury a revolving

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16 fund to be designated as the "Oklahoma Workforce Housing Commission
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17 Revolving Fund", which shall consist of all monies appropriated,
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18 transferred, or otherwise designated to the fund by law. The
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19 revolving fund shall be a continuing fund, not subject to fiscal
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20 year limitations, and shall be under the administration of the
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21 Oklahoma Workforce Housing Commission and shall be budgeted and
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22 expended in accordance with the provisions of subsection B of this
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23 section for the purpose of improving the stock and affordability of
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24 Oklahoma housing.
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    Req. No. 221                                              Page 7
1   B. No funds shall be budgeted or expended from the Oklahoma

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2 Workforce Housing Commission Revolving Fund prior to July 1, 2025,
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3 or prior to the approval by the Legislature of promulgated permanent
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4 rules by the Commission pursuant to the provisions of the
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5 Administrative Procedures Act.
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6   SECTION 5. This act shall become effective November 1, 2025.

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8   60-1-221      MR  12/30/2024 8:55:33 PM

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    Req. No. 221                                             Page 8
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