Representative Terry O'Donnell

Hi, I'm Terry O'Donnell and I represent the people of Oklahoma's 23rd District.



Majority Whip

59th Legislature

News & Announcements

Mar 20, 2023
Recent Posts

Bill Protecting State Pensions from ESG Policies Passes House

O KLAHOMA CITY – Rep. Terry O'Donnell, R-Catoosa, today passed a bill in the House designed to continue protections of state pension funds from strategies that would be harmful to the state's energy industry. House Bill 2547 would prevent any state-run pension fund from delegating its votes by proxy to entities that do not subscribe to Oklahoma's investment strategy as outlined in the measure. The bill is a follow-up to legislation co-authored by O'Donnell last year that restricts the investment of Oklahoma pension funds by firms that adopt strategies akin to Environmental Social Governance (ESG). "ESG policies are clearly anti-fossil fuel and are driven by political ideology and not fiduciary prudency," O'Donnell said. "In Oklahoma, the fossil fuel industry employees thousands of people and contributes mightily to our state's economy. To invest state pension funds in companies that actively work against this industry would be folly. This bill simply takes what was previously enacted in Oklahoma down to the proxy level to ensure those voting on behalf of state investments do so in keeping with our policies." HB 2547 would prohibit governmental entities from relying on voting guidance from a company that is classified as a restricted financial institution by the State Treasurer. The measure expands on House Bill 2034, the Energy Discrimination Elimination Act of 2022, which requires the state treasurer to maintain and provide to each state governmental entity a list of financial companies that boycott energy companies. That bill further requires state governmental entities to rid themselves of assets of a financial company that boycotts energy companies. HB 2547 would require all investment decisions by or on behalf of a governmental entity to be determined solely on pecuniary factors – factors that a fiduciary prudently determines are expected to have a material effect on the risk or return of an investment. ESG factors, therefore, would be disallowed. Also on Monday, O'Donnell passed HB2542, which would add hydrogen to the list of fuels that would qualify for an existing income tax credit for investments in qualified clean-burning motor vehicles.  O'Donnell said even while state leaders continue to support the fossil fuel industry this doesn't preclude exploration of alternative energy sources as a way to broaden and diversify the state's energy portfolio. Both bills now move to the state Senate where they are authored by Sen. Tom Woods, R-Westville.

Feb 22, 2023
Recent Posts

Bill Protecting K-5 Students from Sexual Content Passes Committee

OKLAHOMA CITY – Rep. Terry O'Donnell, R-Catoosa, today passed a bill in the House Common Education Committee that would prohibit classroom instruction on sexual orientation or gender identity in grades K-5. Any classroom instruction on these topics in grades 6-12 must be age appropriate for students. "This speaks directly to the heart of a parent's fundamental right to have a say over the sex education their child receives in school," O'Donnell said. "Parents are more in tune with their child than any other person, and they alone should be having these discussions with their children at these young ages." House Bill 2546 specifies that classroom instruction by school personnel or third parties on sexual orientation or gender identity shall not occur in kindergarten through grade five or in a manner that is not age appropriate or developmentally appropriate for students. O'Donnell said other states are pursuing similar legislation and it has the support of parents. His bill does not prohibit sex education courses in older grades, but parents do have the option of opting out their child from such instruction. HB 2546 is now eligible to be considered by the full House