Higher education; creating the Oklahoma Research Attraction Program; providing eligibility for certain matching grants. Effective date.

SB 2051 creates the Oklahoma Research Attraction Program (ORAP), which provides matching state funds to public colleges and universities that receive qualifying private research donations. Eligible institutions (those in Oklahoma's public higher education system) can use these matching grants - funded through a new revolving state fund - to support research activities, faculty recruitment, and student services that boost research capacity. Private gifts must comply with federal foreign investment laws, and unused matching funds can carry over to future fiscal years. The program takes effect November 1, 2026.