OK SCR44

Authorizes the Board of Regents of the University of Oklahoma to issue revenue bonds not exceeding $3,000,000 for Rogers State University campus improvements.

Bonds may be used for acquiring, constructing, renovating, remodeling, expanding, and equipping campus capital projects, including student facilities, revenue-producing facilities, a multipurpose building, and sports facilities.

Revenue bonds are not general obligations of the State of Oklahoma, Rogers State University, or the Board of Regents; the state legislature has no obligation to appropriate funds for repayment.

Bonds are payable solely from existing or new revenue-producing facilities, other income and revenues, or other legally available funds; neither state faith and credit nor taxing power secures the bonds.

Requires distribution of resolution copies to the Board of Regents of the University of Oklahoma and the Oklahoma State Regents for Higher Education.