The bill amends Section 5 of Chapter 361 of the Oklahoma Statutes to expand the powers, duties, and responsibilities of the Oklahoma Workforce Commission. Key changes include the deletion of references to "this act" and the insertion of "the Oklahoma Workforce Transformation Act," which clarifies the Commission's mandate. The Commission is now authorized to implement programs aimed at addressing high-demand workforce needs, work-based learning opportunities, and K-12 district innovations for workforce success. Additionally, the Commission is empowered to utilize funds from the Workforce Coordination Revolving Fund and is required to create rules to facilitate these new initiatives.

Furthermore, the bill introduces a new section that outlines specific areas for program implementation, including identifying critical workforce needs, enhancing work-based learning opportunities, and fostering innovation in K-12 education to support workforce development. The Commission is tasked with collecting relevant data to guide funding decisions and improve workforce programming. The effective date for these changes is set for November 1, 2025.