Key legislators
Who's moving technology in Oklahoma
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Oklahoma's SB 552 bans state agencies that receive federal or state funds from using biotechnology equipment or services from companies designated by the federal government as "biotechnology companies of concern" (entities controlled by foreign adversaries posing national security risks through multiomics data collection). The bill specifically targets the use of multiomics technology - which combines data from genomics, proteomics, and other biological research areas - to prevent potential security threats. State agencies cannot contract with entities using such biotechnology, and the law only takes effect after a comparable federal law is enacted. This directly affects all Oklahoma state agencies managing federal or state funds, requiring them to avoid specific biotech vendors.
HB 2402 would create tax breaks and grants to attract manufacturers of low-temperature waste heat electrification technology (recovering heat below 200°C) to Oklahoma. Companies investing $10 million+ with 50+ new jobs would get up to 30% corporate tax breaks for five years (renewable), while larger investments ($20 million+ with 100+ jobs) qualify for 50% breaks. The state would cap annual spending at $8 million, with unused funds rolling over, and prioritize grants for facilities in economic development zones or energy-sector projects. Manufacturers must meet specific technology standards, submit job/investment plans, and report annually on progress to the Oklahoma Department of Commerce.