Economic development; College Graduate Retention Incentive Partnership; Oklahoma Department of Commerce; incentive payments; effective date; emergency.

HB 2236 establishes the College Graduate Retention Incentive Partnership (GRIP) program, administered by the Oklahoma Department of Commerce. It requires participating employers (businesses, government entities, etc.) to provide graduates from Oklahoma colleges or universities with a $1,000 annual monetary award for up to four years of employment in the state. The program aims to retain graduates by having employers directly pay this incentive to the graduate or their student loan servicer. The Department must advertise the program and maintain a public list of participating employers on its website.