Senate Bill 810 Summary

• Declares legislative intent to transfer all assets and management of CompSource Oklahoma to the Teachers' Retirement System of Oklahoma within three years of the bill's effective date

• Requires the President and Chief Executive Officer of CompSource Oklahoma and the Executive Director of the Teachers' Retirement System of Oklahoma to jointly submit a report to the Governor and legislative leaders outlining the transfer plan by November 1, 2011

• Report must include detailed transfer plans and any legislative recommendations necessary to accomplish the asset transfer

• Declares an emergency, making the bill effective immediately upon passage and approval