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OK HB3291
Bill
Status
5/28/2010
Primary Sponsor
Eddie Fields
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AI Summary
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Restricts Rural Economic Action Plan (REAP) funds to cities/towns with populations under 7,000 and limits funding for unincorporated areas to those with populations under 7,000 persons
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Requires at least 80% of REAP funds be spent on core infrastructure projects including water quality, solid waste, sewer, roads, fire protection, and public safety; remaining 20% may go toward health care, telecommunications, energy systems, or community buildings
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Prioritizes cities/towns with populations under 1,750 for Oklahoma Water Resources Board funding, with preference given to municipalities with weaker fiscal capacity
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Caps grants at $150,000 per qualified entity in any 12-month period with no matching funds required from recipients
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Mandates annual reporting by July 31 to the Oklahoma Department of Commerce summarizing all projects funded through REAP during the previous fiscal year
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Amends the Oklahoma Open Meeting Act to include entities receiving REAP funds under the definition of "public body," requiring transparency in their meetings
Legislative Description
Public finance; relating to the Rural Economic Action Plan; prescribing population limit for certain areas; modifying procedures; modifying apportionment of funds. Effective date.
Public Finance
Last Action
Approved by Governor 06/07/2010
5/28/2010