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OK SB1134

Bill

Status

Engrossed

3/8/2012

Primary Sponsor

Jason Murphey

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Amends 70 O.S. 2011, Section 3206.6a regarding the Oklahoma State Regents for Higher Education master lease program for financing real property acquisitions and improvements

  • Requires the Oklahoma State Regents for Higher Education to submit proposed bond projects and financing terms to all members of the Legislature, in addition to the Governor, Speaker of the House, and President Pro Tempore of the Senate

  • Maintains the existing 45-day review period during which the Legislature may pass a concurrent resolution disapproving all or part of proposed bond issuances

  • Proposed issuances are deemed approved if the Legislature does not act within the 45-day period

  • Effective date: November 1, 2012

Legislative Description

Public finance; requiring Regents for Higher Education to inform all members of legislature of certain proposed projects. Effective date.

Education - Higher

Last Action

Second Reading referred to Appropriations and Budget

3/19/2012

Committee Referrals

Appropriations and Budget3/19/2012
General Government2/23/2012
Appropriations2/7/2012

Full Bill Text

No bill text available