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OK SB283
Bill
AI Summary
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Amends the Oklahoma State Finance Act to update the statutory reference for the lease financing program from Section 3206.5 to Section 3206.6a of Title 70
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Expands the annual transaction limit for the real property master lease program by adding "any projects refunded from a previous issuance" as a new category that counts toward the combined total of allowable transactions
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Updates minor statutory language throughout, including changing "said" to "such" or "the" and correcting "six-months" to "six-month"
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Effective date is November 1, 2025
Legislative Description
Oklahoma State System of Higher Education; expanding annual transaction limit of the master lease program. Effective date.
Last Action
Becomes law without Governor's signature 05/07/2025
5/7/2025
Committee Referrals
Appropriations and Budget Education Subcommittee4/2/2025
Appropriations and Budget4/1/2025
Revenue and Taxation2/4/2025
Full Bill Text
No bill text available