SB 778 Summary

• Directs Legislature to reduce appropriations to the Oklahoma Educational Television Authority by 20% annually for fiscal years 2014-2018, based on the FY2013 baseline.

• Establishes legislative intent that by fiscal year ending June 30, 2018, the Authority shall receive no state appropriations.

• Requires the Authority to secure alternative funding from proceeds of asset sales, leases, gifts, grants, contributions, and donations to offset reduced appropriations.

• Alternative funds must be used specifically to maintain educational television services available to Oklahoma citizens.

• Effective July 1, 2013, with emergency clause.