As used in the Oklahoma Department of Commerce Act: 1. “Board” means the Oklahoma Department of Commerce Board created in Section 4 of this act; 2. “Chief Executive Officer” means the Chief Executive Officer of the Oklahoma Department of Commerce; 3. “Committee” means the Legislative Evaluation and Development Committee as created in Section 5090.1 of this title; 4. “Department” means the Oklahoma Department of Commerce; 5. “Enterprise” means a firm with its principal place of business in Oklahoma; 6. “Economic Information System” means a comprehensive statewide data collection, analysis and distribution system which makes available current and thorough information on Oklahoma economic trends and future Oklahoma economic opportunities to communities, firms, farms and individuals in the state; firms and individuals outside the state considering location in Oklahoma; and Oklahoma Futures, the Governor, the Legislature and all other state agencies and institutions; and 7. “Economic Innovation System” means a decentralized statewide system that responsively and innovatively coordinates technical assistance, grant and loan programs with local, state, federal and private sector activities into a single statewide Economic Innovation System. Added by Laws 1987, c. 222, § 11, operative July 1, 1987. Amended by Laws 2024, c. 377, § 3, emerg. eff. June 5, 2024; Laws 2025, c. 133, § 1, eff. Jan. 1, 2026.
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