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OK HB2003
Bill
Status
2/7/2011
Primary Sponsor
Joe Dorman
Click for details
AI Summary
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Oklahoma Turnpike Authority must bear the entire cost of locating utility lines under turnpikes for qualified economic development projects that receive a positive net benefit determination from the Department of Commerce.
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Oklahoma Department of Commerce evaluates projects using a methodology analyzing estimated direct/indirect state benefits and costs to determine if net benefit rate is positive.
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Oklahoma Turnpike Authority must bear the entire cost of locating utility lines under turnpikes for qualified education utility line projects funded by general obligation bonds approved by school districts.
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Department of Commerce must issue determination letters to project representatives and the Turnpike Authority regardless of whether the net benefit analysis is positive or negative.
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Bill becomes effective November 1, 2011.
Legislative Description
Roads, bridges and ferries; allowing Oklahoma Turnpike Authority to incur certain utility line expenses; codification; effective date.
Roads and Highways
Last Action
CR; Do Pass, amended by committee substitute Energy and Utility Regulation Committee
3/2/2011