Bill No. 1376 amends Section 5060.26 of Title 74 of the Oklahoma Statutes, which pertains to the Oklahoma Alliance for Manufacturing Excellence (OAME). The bill modifies the composition of the board of directors by increasing the number of representatives from small and medium-sized manufacturing firms from five to nine and specifies that the board will also include four representatives from large corporations. Additionally, it introduces ex officio members from various state entities, including the Executive Director of the Oklahoma Center for the Advancement of Science and Technology and designees from the Oklahoma Department of Commerce and the Oklahoma Department of Career and Technology Education.

The bill also clarifies that the board may elect individuals who are associate members or not affiliated with any qualifying entity, but limits the number of such individuals to one at any time. Furthermore, it maintains the authority of the board to set membership dues, which will not be applicable to participating state entities. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage and approval.