New laws aim to modernize state economic development

OKLAHOMA CITY ( KFOR ) – The state of Oklahoma is rethinking the way it approaches and executes economic development. One lawmaker said the state department of commerce hasn’t been reevaluated in 40 years and they hope two new laws can change that.

“We really feel like we have taken a great step at this point,” Rep. Mike Osburn, R-Edmond, said.

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That step is a hope of modernizing the workforce and economic development in Oklahoma by recruiting new businesses and retaining and supporting existing ones.

“We have added a couple more pieces to this puzzle,” Osburn said. “There are still some pieces missing.”…

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