Legislative Evaluation and Development Committee (LEAD)

The Legislative Evaluation and Development (LEAD) Committee was created as part of the Creating Oklahoma’s Modern Plan for Economic Transformation and Effectiveness (COMPETE) Act in Senate Bill 1447, signed into law in 2024. The LEAD Committee is required to review financing for individual incentive packages including incentives, funds for economic development, and when the annual investment exceeds $20 million. The Committee is also required to evaluate and propose economic projects by the Division on Economic Development, Growth, and Expansion within the Oklahoma Department of Commerce. The Committee may also review potential economic development projects presented by private sector businesses or state or other political subdivision authorities which would be financed by public funds.