Oklahoma Center for the Advancement of Science and Technology; requiring the cessation of the technology business financing program; directing transfer of remaining funds. Effective date.

SB 572 ends Oklahoma's technology business financing program operated by the Oklahoma Center for the Advancement of Science and Technology (OCAST) effective November 1, 2025. It requires all remaining program funds and annual payments (like royalties or fees) to be transferred to the State Treasurer for the General Revenue Fund. This directly affects OCAST, which must cease program operations, and businesses that previously received financing or were required to pay royalties under the program. The bill makes no changes to program eligibility or new funding, only terminating the existing program and redirecting its remaining resources.