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OK HB1368

Bill

Status

Introduced

2/7/2011

Primary Sponsor

Ron Peters

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Amends 60 O.S. 2001, Section 178.2 regarding public trust bond issuances and official statement filing requirements.

  • Removes the requirement for preliminary filing of offering documents with the Secretary of State at least 5 business days before bond delivery.

  • Requires final copies of official statements or offering documents be filed with the Oklahoma State Bond Advisor within 15 business days after bond delivery and payment.

  • Eliminates criminal penalties (fines and jail time) previously imposed on persons responsible for violating the preliminary filing requirements.

  • Becomes effective November 1, 2011.

Legislative Description

Property; public trusts; filing requirements; effective date.

Property

Last Action

Second Reading referred to Rules

2/8/2011

Committee Referrals

Rules2/8/2011

Full Bill Text

No bill text available