Economic development; directing the Oklahoma Department of Commerce to allocate monies for certain purposes. Effective date. Emergency.

SB 1779 requires Oklahoma's Department of Commerce to allocate 30% of state economic development funding to rural counties with populations under 50,000 (based on the latest federal census). This allocation applies to all funding requests submitted to the Legislature and to funds received by the Department. If funds designated for these rural counties remain unspent after 18 months, the Department may redirect them to other economic development projects statewide. The bill defines "economic development" broadly as efforts to boost income, jobs, and infrastructure through sustainable growth, but does not specify new programs or funding levels.