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OK HB2000
Bill
Status
4/29/2013
Primary Sponsor
Skye McNiel
Click for details
AI Summary
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Amends 62 O.S. 2011, Sections 891.3, 891.7, and 891.8 relating to the Oklahoma Community Economic Development Pooled Finance Act.
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Modifies the "Economic Development Pool" definition to authorize use of proceeds "or other purposes authorized by this act" in addition to financing eligible economic development projects.
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Modifies the "Infrastructure Pool" definition to authorize use of proceeds "or other purposes authorized by this act" in addition to financing infrastructure projects.
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Adds new subsection to Section 891.7 (Infrastructure Pool) allowing proceeds to be used for purposes authorized by Section 891.8 (Economic Development Pool).
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Adds new subsection to Section 891.8 (Economic Development Pool) allowing proceeds to be used for purposes authorized by Section 891.7 (Infrastructure Pool).
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Effective date: November 1, 2013.
Legislative Description
Public finance; Oklahoma Community Economic Development Pooled Finance Act; effective date.
Public Finance
Last Action
Approved by Governor 04/29/2013
4/29/2013