HB2026

Oklahoma HB2026 expands the Oklahoma Aircraft Engine Testing Development Grant Program to include rocket engines.

Oklahoma HB2026 amends the Oklahoma Aircraft Engine Testing Development Grant Program to include rocket engines, renaming it the Oklahoma Aircraft and Rocket Engine Testing Development Grant Program. The bill expands the program's purpose to enhance the aviation, aerospace, and space propulsion industry. Eligible applicants must provide evidence of support, matching funds, and a project summary. The fund for the program is designated as the Oklahoma Aircraft and Rocket Engine Testing Development Grant Program Revolving Fund, with an appropriation of Twenty Million Dollars ($20,000,000.00).